Pallas Capital Advisors LLC Has $1.08 Million Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Pallas Capital Advisors LLC trimmed its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,066 shares of the company’s stock after selling 47 shares during the period. Pallas Capital Advisors LLC’s holdings in Vanguard Health Care ETF were worth $1,077,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Vanguard Health Care ETF by 14.9% in the fourth quarter. Bank of America Corp DE now owns 1,798,164 shares of the company’s stock valued at $456,176,000 after buying an additional 232,733 shares during the period. Wells Fargo & Company MN boosted its holdings in Vanguard Health Care ETF by 7.0% in the fourth quarter. Wells Fargo & Company MN now owns 954,123 shares of the company’s stock valued at $242,052,000 after acquiring an additional 62,106 shares during the last quarter. LPL Financial LLC increased its position in Vanguard Health Care ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 743,629 shares of the company’s stock valued at $188,651,000 after purchasing an additional 48,612 shares during the period. Wealthfront Advisers LLC increased its position in Vanguard Health Care ETF by 5,147.9% during the 4th quarter. Wealthfront Advisers LLC now owns 542,000 shares of the company’s stock valued at $137,500,000 after purchasing an additional 531,672 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Vanguard Health Care ETF during the 4th quarter worth approximately $122,201,000.

Vanguard Health Care ETF Stock Up 1.2%

VHT stock opened at $250.22 on Wednesday. The firm has a market cap of $21.84 billion, a price-to-earnings ratio of 26.90 and a beta of 0.67. The company’s fifty day simple moving average is $246.01 and its 200 day simple moving average is $258.25. Vanguard Health Care ETF has a 12-month low of $234.11 and a 12-month high of $289.14.

Vanguard Health Care ETF 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.