NewFocus Financial Group LLC Reduces Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

NewFocus Financial Group LLC cut its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 0.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,013 shares of the company’s stock after selling 108 shares during the period. Vanguard Health Care ETF makes up about 1.7% of NewFocus Financial Group LLC’s holdings, making the stock its 18th largest holding. NewFocus Financial Group LLC’s holdings in Vanguard Health Care ETF were worth $3,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the company. Beacon Capital Management Inc. grew its position in Vanguard Health Care ETF by 5,128.5% in the first quarter. Beacon Capital Management Inc. now owns 725,775 shares of the company’s stock worth $125,182,000 after acquiring an additional 711,894 shares during the period. Wells Fargo & Company MN grew its position in Vanguard Health Care ETF by 1.9% in the first quarter. Wells Fargo & Company MN now owns 666,805 shares of the company’s stock worth $115,010,000 after acquiring an additional 12,601 shares during the period. Everett Harris & Co. CA grew its position in Vanguard Health Care ETF by 7.5% in the first quarter. Everett Harris & Co. CA now owns 581,427 shares of the company’s stock worth $100,285,000 after acquiring an additional 40,614 shares during the period. Envestnet Asset Management Inc. grew its position in Vanguard Health Care ETF by 36.7% in the first quarter. Envestnet Asset Management Inc. now owns 328,460 shares of the company’s stock worth $56,653,000 after acquiring an additional 88,180 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Vanguard Health Care ETF by 4.4% in the first quarter. PNC Financial Services Group Inc. now owns 216,349 shares of the company’s stock worth $37,317,000 after acquiring an additional 9,059 shares during the period.

Shares of Vanguard Health Care ETF stock opened at $171.63 on Friday. Vanguard Health Care ETF has a fifty-two week low of $149.55 and a fifty-two week high of $181.92. The stock has a 50 day simple moving average of $173.60.

Vanguard Health Care ETF Company Profile

Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups.

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Institutional Ownership by Quarter for Vanguard Health Care ETF (NYSEARCA:VHT)

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