Transcend Capital Advisors LLC Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Transcend Capital Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,643 shares of the exchange traded fund’s stock after purchasing an additional 340 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,215,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cooper Financial Group purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $234,000. Patriot Financial Group Insurance Agency LLC increased its position in Vanguard Information Technology ETF by 19.3% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock valued at $457,000 after buying an additional 153 shares in the last quarter. Ritholtz Wealth Management increased its position in Vanguard Information Technology ETF by 2.7% during the 4th quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after buying an additional 45 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Vanguard Information Technology ETF by 23.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after buying an additional 584 shares in the last quarter. Finally, Altfest L J & Co. Inc. bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at approximately $243,000.

Vanguard Information Technology ETF Price Performance

VGT stock traded up $8.50 on Friday, reaching $503.94. 364,431 shares of the company traded hands, compared to its average volume of 493,722. Vanguard Information Technology ETF has a one year low of $374.52 and a one year high of $536.63. The company has a market cap of $63.46 billion, a P/E ratio of 37.45 and a beta of 1.37. The firm has a fifty day simple moving average of $514.86 and a 200-day simple moving average of $483.23.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).