VHT,

The Vanguard Health Care ETF (VHT) is a diversified investment fund that seeks to track the performance of the MSCI US Investable Market Index (IMI)/Health Care 25/50, which includes large, mid-size, and small U.S. companies within the health care sector. Here is a detailed analysis of recent activity and performance:

1. Recent Activity:
   • Prime Capital Investment Advisors LLC reduced its stake in VHT by 1.8% in the 2nd quarter, selling 154 shares and owning 8,364 shares worth $2,225,000.
   • Oppenheimer & Co. Inc. increased its holdings in VHT by 8.2% during the 2nd quarter, buying an additional 628 shares and owning 8,271 shares worth $2,200,000.
   • Wealthspire Advisors LLC raised its position in VHT by 2.4% in the 2nd quarter, acquiring 95 shares and owning 4,103 shares worth $1,091,000.
   • MGO One Seven LLC increased its position by 38.3% in the 2nd quarter, acquiring 1,889 shares and owning 6,827 shares worth $1,816,000.
   • Wedbush Securities Inc. reduced its position by 4.8% in the 2nd quarter, selling 100 shares and owning 1,987 shares worth $529,000.
2. Performance and Market Position:
   • VHT opened at $287.86 on September 17, 2024, with a 50-day moving average of $278.28 and a 200-day moving average of $268.76.
   • The fund has a market capitalization of $19.33 billion and a price-to-earnings ratio of 23.22.
   • VHT is ranked #2 in the Health ETF category by U.S. News, with a scorecard that includes excellent tracking error and bid/ask ratio, as well as good holdings diversity.
3. Sector Composition:
   • VHT invests in companies that manufacture health care equipment and supplies or provide health care-related services, as well as companies classified under the GICS health care sector.
   • Top holdings include companies like Eli Lilly and Co., UnitedHealth Group Inc., Johnson & Johnson, Merck & Co Inc, and Abbott Laboratories.

In conclusion, VHT is a well-performing health care ETF that has seen varied activity among institutional investors, reflecting market confidence in the sector and the fund's management.