Pallas Capital Advisors LLC Sells 489 Shares of Vanguard Health Care ETF (NYSEARCA:VHT)

Pallas Capital Advisors LLC trimmed its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 10.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,197 shares of the company’s stock after selling 489 shares during the period. Pallas Capital Advisors LLC’s holdings in Vanguard Health Care ETF were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of Vanguard Health Care ETF by 4.7% during the 2nd quarter. LPL Financial LLC now owns 710,471 shares of the company’s stock valued at $188,985,000 after purchasing an additional 32,177 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Health Care ETF by 1.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 473,588 shares of the company’s stock worth $125,989,000 after buying an additional 8,594 shares during the period. Cetera Investment Advisers lifted its stake in Vanguard Health Care ETF by 790.2% in the first quarter. Cetera Investment Advisers now owns 309,569 shares of the company’s stock valued at $83,745,000 after buying an additional 274,793 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Vanguard Health Care ETF by 0.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 303,444 shares of the company’s stock valued at $80,716,000 after buying an additional 1,085 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Vanguard Health Care ETF by 0.3% in the first quarter. Janney Montgomery Scott LLC now owns 295,311 shares of the company’s stock valued at $79,888,000 after buying an additional 883 shares during the period.

Vanguard Health Care ETF Price Performance

VHT opened at $272.88 on Wednesday. The company has a market capitalization of $18.32 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. The business’s 50-day moving average price is $281.90 and its two-hundred day moving average price is $271.82. Vanguard Health Care ETF has a 1 year low of $222.61 and a 1 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.