Bank of New York Mellon Corp Sells 2,900 Shares of Vanguard Health Care ETF (NYSEARCA:VHT)

Bank of New York Mellon Corp trimmed its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 50.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,894 shares of the company’s stock after selling 2,900 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Health Care ETF were worth $734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VHT. Thurston Springer Miller Herd & Titak Inc. raised its position in Vanguard Health Care ETF by 194.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 106 shares of the company’s stock worth $27,000 after acquiring an additional 70 shares during the period. Capital Management Associates Inc increased its stake in shares of Vanguard Health Care ETF by 4.1% during the 4th quarter. Capital Management Associates Inc now owns 1,354 shares of the company’s stock worth $343,000 after purchasing an additional 53 shares during the last quarter. Flow Traders U.S. LLC raised its holdings in shares of Vanguard Health Care ETF by 385.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 12,539 shares of the company’s stock worth $3,539,000 after purchasing an additional 9,955 shares during the period. Townsquare Capital LLC lifted its stake in Vanguard Health Care ETF by 2.4% in the third quarter. Townsquare Capital LLC now owns 2,381 shares of the company’s stock valued at $672,000 after purchasing an additional 55 shares during the last quarter. Finally, Synovus Financial Corp lifted its stake in Vanguard Health Care ETF by 72.5% in the third quarter. Synovus Financial Corp now owns 4,478 shares of the company’s stock valued at $1,264,000 after purchasing an additional 1,882 shares during the last quarter.

Vanguard Health Care ETF Price Performance

NYSEARCA:VHT opened at $263.67 on Thursday. The company has a market capitalization of $23.01 billion, a P/E ratio of 29.75 and a beta of 0.71. The business has a fifty day simple moving average of $267.95 and a two-hundred day simple moving average of $269.55. Vanguard Health Care ETF has a 1 year low of $250.07 and a 1 year high of $289.14.

Vanguard Health Care ETF Cuts Dividend

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

About Vanguard Health Care ETF

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.