Blackston Financial Advisory Group LLC Makes New $2.36 Million Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Blackston Financial Advisory Group LLC acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,030 shares of the exchange traded fund’s stock, valued at approximately $2,364,000. Vanguard Information Technology ETF makes up approximately 1.2% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 15th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moloney Securities Asset Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 20.1% in the 1st quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock valued at $469,000 after acquiring an additional 150 shares during the last quarter. Lazard Asset Management LLC lifted its position in Vanguard Information Technology ETF by 13.9% in the first quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock valued at $2,149,000 after purchasing an additional 500 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in shares of Vanguard Information Technology ETF by 31.2% during the second quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock valued at $1,014,000 after purchasing an additional 403 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 5.6% in the first quarter. Valeo Financial Advisors LLC now owns 2,618 shares of the exchange traded fund’s stock worth $1,373,000 after purchasing an additional 140 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in shares of Vanguard Information Technology ETF by 3.7% in the first quarter. Kovack Advisors Inc. now owns 2,975 shares of the exchange traded fund’s stock worth $1,560,000 after buying an additional 105 shares during the period.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of Vanguard Information Technology ETF stock opened at $599.12 on Friday. The company’s fifty day simple moving average is $577.75 and its two-hundred day simple moving average is $557.30. The firm has a market cap of $75.44 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $610.06.

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).