Arkadios Wealth Advisors Has $1.53 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Arkadios Wealth Advisors boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,464 shares of the exchange traded fund’s stock after purchasing an additional 143 shares during the quarter. Arkadios Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $1,532,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Brooklyn Investment Group bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $32,000. Finally, Halpern Financial Inc. bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth $33,000.

Vanguard Information Technology ETF Trading Up 1.5 %

NYSEARCA VGT opened at $627.47 on Monday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The stock has a 50-day simple moving average of $627.16 and a 200 day simple moving average of $594.89. The company has a market capitalization of $79.01 billion, a PE ratio of 36.30 and a beta of 1.41.

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).