Raymond James & Associates Buys 13,575 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Raymond James & Associates boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 391,873 shares of the exchange traded fund’s stock after buying an additional 13,575 shares during the quarter. Raymond James & Associates owned approximately 0.31% of Vanguard Information Technology ETF worth $225,950,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Bfsg LLC purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth $27,000. Triad Wealth Partners LLC bought a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at about $32,000. Richardson Capital Management LLC purchased a new stake in Vanguard Information Technology ETF during the first quarter valued at about $29,000. Signature Resources Capital Management LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter worth about $28,000. Finally, OLD Second National Bank of Aurora purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $29,000.

Vanguard Information Technology ETF Stock Up 0.2 %

Shares of NYSEARCA:VGT traded up $1.32 during midday trading on Friday, reaching $572.71. 375,898 shares of the company traded hands, compared to its average volume of 480,226. The firm’s fifty day moving average price is $570.87 and its two-hundred day moving average price is $536.85. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $609.15. The firm has a market capitalization of $72.12 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).