Blume Capital Management Inc. Buys 25 Shares of Vanguard Information Technology ETF $VGT

Blume Capital Management Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 62.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65 shares of the exchange traded fund’s stock after buying an additional 25 shares during the quarter. Blume Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $43,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the 1st quarter valued at about $32,000. MorganRosel Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the 1st quarter valued at about $33,000. BankPlus Trust Department raised its holdings in Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 44 shares during the last quarter. Finally, Sawyer & Company Inc bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth approximately $38,000.

Vanguard Information Technology ETF Stock Down 0.1%

NYSEARCA:VGT opened at $761.41 on Wednesday. The company’s 50 day moving average price is $725.67 and its 200-day moving average price is $653.84. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $771.58. The stock has a market cap of $112.65 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

Vanguard Information Technology ETF Profile

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).