Rialto Wealth Management LLC Invests $26,000 in Vanguard Health Care ETF (NYSEARCA:VHT)

Rialto Wealth Management LLC purchased a new position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 103 shares of the company’s stock, valued at approximately $26,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Everett Harris & Co. CA grew its stake in shares of Vanguard Health Care ETF by 0.4% in the 4th quarter. Everett Harris & Co. CA now owns 747,876 shares of the company’s stock valued at $189,729,000 after purchasing an additional 3,290 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Health Care ETF during the fourth quarter worth $122,201,000. Morningstar Investment Management LLC grew its position in Vanguard Health Care ETF by 4.1% in the 4th quarter. Morningstar Investment Management LLC now owns 274,766 shares of the company’s stock valued at $69,705,000 after buying an additional 10,826 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Vanguard Health Care ETF by 25,304.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 248,966 shares of the company’s stock valued at $63,160,000 after buying an additional 247,986 shares during the period. Finally, Stifel Financial Corp increased its stake in Vanguard Health Care ETF by 1.9% in the 3rd quarter. Stifel Financial Corp now owns 191,711 shares of the company’s stock valued at $54,104,000 after buying an additional 3,625 shares during the period.

Vanguard Health Care ETF Stock Performance

VHT stock opened at $271.55 on Monday. The stock has a market capitalization of $23.70 billion, a PE ratio of 30.51 and a beta of 0.72. The company has a fifty day moving average of $265.59 and a 200-day moving average of $271.22. Vanguard Health Care ETF has a one year low of $250.07 and a one year high of $289.14.

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.