Vanguard Health Care ETF Sees $208 Million Outflow This Week

Today, data from ETF Channel reveals a week-over-week decrease in shares for the Vanguard Health Care ETF (Symbol: VHT). The ETF experienced an approximate outflow of $208 million, translating to a 1.3% decline in shares outstanding—from 62,374,251 to 61,532,588.

Performance of Key Holdings

Among VHT’s major components, McKesson Corp (Symbol: MCK) has seen a decrease of about 1.6%, while CVS Health Corporation (Symbol: CVS) has increased by approximately 1.2%. Additionally, Zoetis Inc (Symbol: ZTS) rose by about 3.5%. For further details on holdings, please refer to the VHT Holdings page.

Price Performance Overview

The chart below illustrates VHT’s annual price performance in relation to its 200-day moving average:

VHT’s price has fluctuated between a low of $234.11 and a high of $289.14 over the past year, with the latest trade recorded at $245.71. Comparing the current share price with the 200-day moving average serves as a useful technique for technical analysis.

Understanding ETF Dynamics

Exchange-traded funds (ETFs) function similarly to stocks, but investors buy and sell “units” instead of shares. These units can be created or destroyed based on investor demand. Monitoring week-over-week changes in shares outstanding helps identify ETFs that are experiencing significant inflows (new units created) or outflows (old units destroyed). The creation of new units necessitates purchasing the underlying assets, whereas the destruction signals a sale of those assets, impacting the individual components held within the ETF.

For more information on other ETFs with notable outflows, click here.

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