Meridian Wealth Management LLC Lowers Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Meridian Wealth Management LLC decreased its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,507 shares of the company’s stock after selling 230 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $636,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VHT. Brooklyn Investment Group purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth about $25,000. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth about $26,000. Proffitt & Goodson Inc. purchased a new stake in Vanguard Health Care ETF during the third quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Vanguard Health Care ETF by 194.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 106 shares of the company’s stock worth $27,000 after buying an additional 70 shares in the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth about $32,000.

Vanguard Health Care ETF Trading Down 0.8 %

VHT stock opened at $269.56 on Wednesday. The company has a market cap of $23.52 billion, a P/E ratio of 30.51 and a beta of 0.72. Vanguard Health Care ETF has a 52 week low of $250.07 and a 52 week high of $289.14. The company’s 50-day moving average price is $264.71 and its 200 day moving average price is $271.46.

About Vanguard Health Care ETF

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.