Thrivent Financial for Lutherans Raises Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Thrivent Financial for Lutherans raised its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 22.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,716 shares of the company’s stock after acquiring an additional 2,716 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Health Care ETF were worth $3,793,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brooklyn Investment Group purchased a new position in Vanguard Health Care ETF during the fourth quarter valued at approximately $25,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at approximately $26,000. Rialto Wealth Management LLC purchased a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Vanguard Health Care ETF by 194.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 106 shares of the company’s stock valued at $27,000 after purchasing an additional 70 shares during the period. Finally, GoalVest Advisory LLC purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth $32,000.

Vanguard Health Care ETF Stock Performance

VHT opened at $265.03 on Wednesday. The company has a fifty day moving average of $267.86 and a two-hundred day moving average of $269.60. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 29.75 and a beta of 0.71. Vanguard Health Care ETF has a fifty-two week low of $250.07 and a fifty-two week high of $289.14.

Vanguard Health Care ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a $0.9396 dividend. The ex-dividend date is Tuesday, March 25th.

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.