Absolute Capital Management LLC Sells 2,821 Shares of Vanguard Health Care ETF (NYSEARCA:VHT)

Absolute Capital Management LLC lowered its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 47.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,177 shares of the company’s stock after selling 2,821 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard Health Care ETF were worth $806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Holderness Investments Co. boosted its holdings in Vanguard Health Care ETF by 3.6% during the fourth quarter. Holderness Investments Co. now owns 2,762 shares of the company’s stock worth $701,000 after buying an additional 97 shares during the last quarter. Whittier Trust Co. lifted its holdings in shares of Vanguard Health Care ETF by 57.6% during the 4th quarter. Whittier Trust Co. now owns 6,003 shares of the company’s stock valued at $1,523,000 after purchasing an additional 2,195 shares in the last quarter. North Forty Two & Co. bought a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at about $1,519,000. VSM Wealth Advisory LLC bought a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at about $60,000. Finally, Compass Ion Advisors LLC lifted its holdings in shares of Vanguard Health Care ETF by 11.7% during the 4th quarter. Compass Ion Advisors LLC now owns 7,717 shares of the company’s stock valued at $1,958,000 after purchasing an additional 806 shares in the last quarter.

Vanguard Health Care ETF Price Performance

NYSEARCA:VHT opened at $267.62 on Friday. Vanguard Health Care ETF has a fifty-two week low of $250.07 and a fifty-two week high of $289.14. The stock has a market capitalization of $23.36 billion, a PE ratio of 29.75 and a beta of 0.71. The business’s 50-day simple moving average is $267.35 and its 200-day simple moving average is $270.19.

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.