Chesapeake Wealth Management Invests $912,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Chesapeake Wealth Management purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,467 shares of the exchange traded fund’s stock, valued at approximately $912,000.

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

Vanguard Information Technology ETF Trading Up 1.5 %

NYSEARCA:VGT opened at $627.47 on Tuesday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The stock has a market capitalization of $79.01 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a fifty day simple moving average of $627.16 and a two-hundred day simple moving average of $594.91.

About Vanguard Information Technology ETF

(Free Report)

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).

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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