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Deutsche Bank AG Sells 155 Shares of Vanguard Health Care ETF (NYSEARCA:VHT)

According to the most recent 13F filing with the SEC, Deutsche Bank AG reduced its stake in Vanguard Health Care ETF NYSEARCAVHT by 4.5% during the third quarter of 2021. The fund owned 3,315 shares of the company's stock after selling 155 shares during the period.

The Vanguard Health Care ETF NYSEARCAVHT is a passively managed exchange-traded fund (ETF) that tracks the performance of the Dow Jones U.S. Broad Stock Market Index, which includes companies in the healthcare sector. The index covers a broad range of healthcare sub-industries, including pharmaceuticals, medical devices, biotechnology, and healthcare services.

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates in various segments, including corporate banking, investment banking, asset management, and private wealth management. Deutsche Bank AG has a global presence with operations in over 70 countries and more than 58,000 employees worldwide.

It's worth noting that the sale of shares by Deutsche Bank AG does not necessarily indicate any negative sentiment towards the company or the healthcare sector as a whole. It could simply be a strategic decision to adjust the portfolio allocation based on market conditions and investment objectives.


Published 60 days ago

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