Commerce Bank Decreases Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Commerce Bank decreased its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 9.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,881 shares of the company’s stock after selling 394 shares during the period. Commerce Bank’s holdings in Vanguard Health Care ETF were worth $985,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC increased its holdings in Vanguard Health Care ETF by 5,147.9% in the 4th quarter. Wealthfront Advisers LLC now owns 542,000 shares of the company’s stock worth $137,500,000 after buying an additional 531,672 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Health Care ETF during the fourth quarter worth approximately $122,201,000. Strategic Financial Concepts LLC grew its holdings in Vanguard Health Care ETF by 25,304.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 248,966 shares of the company’s stock valued at $63,160,000 after purchasing an additional 247,986 shares during the period. Essential Planning LLC. increased its position in shares of Vanguard Health Care ETF by 5,832.7% in the fourth quarter. Essential Planning LLC. now owns 140,248 shares of the company’s stock valued at $37,819,000 after buying an additional 137,884 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard Health Care ETF by 7.0% during the 4th quarter. Wells Fargo & Company MN now owns 954,123 shares of the company’s stock worth $242,052,000 after buying an additional 62,106 shares during the period.

Vanguard Health Care ETF Stock Performance

NYSEARCA:VHT opened at $245.35 on Wednesday. The company has a fifty day moving average of $260.84 and a two-hundred day moving average of $264.94. Vanguard Health Care ETF has a fifty-two week low of $234.11 and a fifty-two week high of $289.14. The stock has a market capitalization of $21.41 billion, a PE ratio of 26.95 and a beta of 0.74.

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.