Mercer Global Advisors Inc. ADV Trims Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Mercer Global Advisors Inc. ADV decreased its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,224 shares of the company’s stock after selling 1,467 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Health Care ETF were worth $5,645,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its position in Vanguard Health Care ETF by 4.7% during the second quarter. LPL Financial LLC now owns 710,471 shares of the company’s stock worth $188,985,000 after buying an additional 32,177 shares during the period. Beacon Capital Management Inc. grew its position in shares of Vanguard Health Care ETF by 2,504.3% during the first quarter. Beacon Capital Management Inc. now owns 605,763 shares of the company’s stock worth $162,454,000 after acquiring an additional 582,503 shares during the last quarter. Morningstar Investment Management LLC increased its holdings in shares of Vanguard Health Care ETF by 0.6% in the 4th quarter. Morningstar Investment Management LLC now owns 342,511 shares of the company’s stock valued at $85,868,000 after acquiring an additional 2,190 shares during the period. Cetera Investment Advisers raised its position in Vanguard Health Care ETF by 790.2% in the 1st quarter. Cetera Investment Advisers now owns 309,569 shares of the company’s stock valued at $83,745,000 after purchasing an additional 274,793 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Vanguard Health Care ETF by 6.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 307,806 shares of the company’s stock valued at $77,167,000 after purchasing an additional 18,371 shares during the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of Vanguard Health Care ETF stock opened at $285.07 on Friday. The company’s fifty day moving average is $279.61 and its two-hundred day moving average is $269.23. Vanguard Health Care ETF has a 1 year low of $222.27 and a 1 year high of $289.14. The company has a market capitalization of $19.14 billion, a P/E ratio of 23.22 and a beta of 0.61.

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.