Saxony Capital Management LLC Buys Shares of 573 Vanguard Information Technology ETF (NYSEARCA:VGT)

Saxony Capital Management LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 573 shares of the exchange traded fund’s stock, valued at approximately $311,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VGT. Zions Bancorporation N.A. boosted its position in shares of Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $27,000. Cordant Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth $28,000. Copia Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $30,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $646.58 on Wednesday. The stock has a market capitalization of $91.26 billion, a price-to-earnings ratio of 34.55 and a beta of 1.24. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The business has a fifty day moving average price of $590.25 and a 200-day moving average price of $594.85.

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).