Strategic Financial Concepts LLC Acquires 1,229,688 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Strategic Financial Concepts LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 39,912.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,232,769 shares of the exchange traded fund’s stock after acquiring an additional 1,229,688 shares during the quarter. Vanguard Information Technology ETF makes up approximately 1.5% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 14th largest position. Strategic Financial Concepts LLC’s holdings in Vanguard Information Technology ETF were worth $766,536,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Vanguard Information Technology ETF by 45.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 29 shares during the last quarter. Carnegie Investment Counsel increased its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 117 shares in the last quarter. FMR LLC lifted its stake in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 21.2% during the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after acquiring an additional 7,223 shares in the last quarter. Finally, Northstar Group Inc. grew its position in Vanguard Information Technology ETF by 3.9% during the 3rd quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after acquiring an additional 25 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.4 %

Shares of VGT opened at $627.03 on Friday. The business has a 50-day simple moving average of $629.39 and a two-hundred day simple moving average of $597.71. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The stock has a market cap of $78.96 billion, a PE ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).