Janney Montgomery Scott LLC Acquires 6,369 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Janney Montgomery Scott LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 249,353 shares of the exchange traded fund’s stock after buying an additional 6,369 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Information Technology ETF were worth $155,048,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Morton Capital Management LLC CA raised its holdings in shares of Vanguard Information Technology ETF by 4.3% during the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 17 shares during the last quarter. Signaturefd LLC raised its stake in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 17 shares during the last quarter. Corbyn Investment Management Inc. MD lifted its holdings in shares of Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after buying an additional 17 shares during the period. Sovereign Financial Group Inc. boosted its stake in shares of Vanguard Information Technology ETF by 0.9% in the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after buying an additional 17 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 3.6% in the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after acquiring an additional 18 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $645.27 on Thursday. The business’s 50-day moving average is $627.46 and its two-hundred day moving average is $595.41. The company has a market cap of $81.25 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.66.

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).