Launched on 01/26/2004, the Vanguard Health Care ETF (VHT) is a passively managed exchange traded fund designed to provide a broad exposure to the Healthcare - Broad segment of the equity market.
Vanguard Health Care ETF focuses on investing in successful healthcare companies with $20 billion in assets and a low expense ratio of 0.10%. Top holdings include Eli Lilly, UnitedHealth Group, and Johnson & Johnson, offering potential for growth and dividends. With a focus on defensive stocks, VHT could offer strong total returns in a slowing economy, despite potential downside risks.
Many ETFs provide broad diversification for your portfolio in a single investment vehicle. Two ETFs, in particular, have a proven ability to turn thousands of dollars into millions.
Looking for broad exposure to the Healthcare - Broad segment of the equity market? You should consider the An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Healthcare - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 4, placing it in top 25%. The fund is sponsored by Vanguard. It has amassed assets over $17.89 billion, making it one of the largest ETFs attempting to match the performance of the Healthcare - Broad segment of the equity market. VHT seeks to match the performance of the MSCI US Investable Market Health Care 25/50 Index before fees and expenses. The MSCI US Investable Market Health Care 25/50 Index is made up of stocks of U.S. companies within the health care sector. Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.10%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 1.30%. While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Healthcare sector--about 100% of the portfolio. Looking at individual holdings, The top 10 holdings account for about 48.87% of total assets under management. The ETF return is roughly 6.87% and is up about 11.87% so far this year and in the past one year (as of 05/20/2024), respectively. VHT has traded between $223.10 and $270.54 during this last 52-week period. The ETF has a beta of 0.71 and standard deviation of 14.69% for the trailing three-year period, making it a medium risk choice in the space. With about 411 holdings, it effectively diversifies company-specific risk. Vanguard Health Care ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VHT is an outstanding option for investors seeking exposure to the Health Care ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well. To read this article on Zacks.com click here.
Envestnet Portfolio Solutions Inc. cut its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT – Free Report) by 84.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,484 shares of the company’s stock after selling 18,654 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Health Care ETF were worth $873,000 at the end of the most recent quarter. A number of other institutional investors also recently made changes to their positions in VHT. Adaptive Financial Consulting LLC increased its position in Vanguard Health Care ETF by 2.2% during the third quarter. Adaptive Financial Consulting LLC now owns 39,321 shares of the company’s stock worth $9,244,000 after acquiring an additional 853 shares during the period. Charter Oak Capital Management LLC raised its position in shares of Vanguard Health Care ETF by 3.1% in the fourth quarter. Charter Oak Capital Management LLC now owns 5,868 shares of the company’s stock valued at $1,471,000 after buying an additional 178 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of Vanguard Health Care ETF by 14.7% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 9,012 shares of the company’s stock valued at $2,259,000 after buying an additional 1,157 shares during the period. Activest Wealth Management grew its position in Vanguard Health Care ETF by 7.6% during the fourth quarter. Activest Wealth Management now owns 863 shares of the company’s stock worth $216,000 after buying an additional 61 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Vanguard Health Care ETF by 8.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 72,523 shares of the company’s stock worth $17,050,000 after acquiring an additional 5,686 shares during the period. Vanguard Health Care ETF Stock Performance NYSEARCA:VHT opened at $267.11 on Monday. The company has a market cap of $17.93 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a fifty-two week low of $222.27 and a fifty-two week high of $271.53. The stock has a fifty day moving average price of $261.91 and a 200-day moving average price of $254.80. Vanguard Health Care ETF Company Profile (Free Report) 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.