Birchcreek Wealth Management LLC Has $3.27 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Birchcreek Wealth Management LLC boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,566 shares of the exchange traded fund’s stock after purchasing an additional 51 shares during the period. Vanguard Information Technology ETF comprises 2.1% of Birchcreek Wealth Management LLC’s holdings, making the stock its 12th largest position. Birchcreek Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $3,265,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the third quarter worth approximately $30,000. Triad Wealth Partners LLC bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $32,000. Bell Investment Advisors Inc bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $33,000. Halpern Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 1.4 %

Shares of NYSEARCA VGT traded down $8.93 during midday trading on Friday, reaching $609.05. 64,101 shares of the company were exchanged, compared to its average volume of 459,801. The stock has a market cap of $76.69 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock’s 50-day moving average price is $588.23 and its 200-day moving average price is $568.14. Vanguard Information Technology ETF has a one year low of $452.47 and a one year high of $626.45.

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).