Naples Global Advisors LLC Buys 767 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Naples Global Advisors LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,177 shares of the exchange traded fund’s stock after acquiring an additional 767 shares during the period. Naples Global Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $7,689,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in VGT. Zions Bancorporation N.A. grew its stake in shares of Vanguard Information Technology ETF by 150.0% during the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $27,000. Copia Wealth Management bought a new position in Vanguard Information Technology ETF during the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000. Finally, Briaud Financial Planning Inc purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Up 0.3%

NYSEARCA VGT opened at $623.31 on Thursday. The firm has a market cap of $87.90 billion, a P/E ratio of 35.89 and a beta of 1.24. The company’s 50 day moving average is $557.62 and its 200-day moving average is $594.41. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $648.76.

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).