CVS HEALTH Corp Makes New Investment in Vanguard Health Care ETF $VHT

CVS HEALTH Corp bought a new position in Vanguard Health Care ETF (NYSEARCA:VHT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 20,000 shares of the company’s stock, valued at approximately $6,322,000. Vanguard Health Care ETF comprises 1.5% of CVS HEALTH Corp’s portfolio, making the stock its 18th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VHT. Bank of America Corp DE increased its holdings in shares of Vanguard Health Care ETF by 6.4% in the first quarter. Bank of America Corp DE now owns 1,712,696 shares of the company’s stock valued at $466,419,000 after purchasing an additional 103,206 shares during the period. Everett Harris & Co. CA raised its stake in shares of Vanguard Health Care ETF by 0.6% in the third quarter. Everett Harris & Co. CA now owns 737,669 shares of the company’s stock worth $233,162,000 after purchasing an additional 4,069 shares during the last quarter. Allied Investment Advisors LLC raised its stake in shares of Vanguard Health Care ETF by 5.4% in the second quarter. Allied Investment Advisors LLC now owns 180,940 shares of the company’s stock worth $54,103,000 after purchasing an additional 9,234 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Vanguard Health Care ETF by 1.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 138,608 shares of the company’s stock worth $41,445,000 after purchasing an additional 2,025 shares during the last quarter. Finally, Ameritas Advisory Services LLC lifted its holdings in shares of Vanguard Health Care ETF by 49.3% during the second quarter. Ameritas Advisory Services LLC now owns 132,369 shares of the company’s stock worth $39,580,000 after purchasing an additional 43,732 shares during the period.

Vanguard Health Care ETF Stock Up 0.2%

Vanguard Health Care ETF stock opened at $349.35 on Thursday. The stock has a 50-day moving average price of $325.40 and a 200 day moving average price of $298.61. The company has a market capitalization of $21.21 billion, a price-to-earnings ratio of 20.85 and a beta of 0.57. Vanguard Health Care ETF has a 52 week low of $264.97 and a 52 week high of $354.83.

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. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).