PFG Advisors increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 650.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,173 shares of the exchange traded fund’s stock after buying an additional 26,154 shares during the quarter. PFG Advisors’ holdings in Vanguard Information Technology ETF were worth $3,606,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in VGT. Roman Butler Fullerton & Co. raised its position in Vanguard Information Technology ETF by 2.4% during the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 14 shares in the last quarter. Plancorp LLC lifted its stake in Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after acquiring an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC lifted its stake in Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 14 shares during the last quarter. Fortis Capital Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 0.9% in the 4th quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock valued at $1,292,000 after acquiring an additional 15 shares during the period. Finally, Running Point Capital Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 0.7% in the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after acquiring an additional 15 shares during the period.
Vanguard Information Technology ETF Price Performance
Vanguard Information Technology ETF stock opened at $122.56 on Friday. The firm has a market capitalization of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. The company’s 50-day moving average is $116.58 and its 200-day moving average is $105.11. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.
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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.
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