Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Advisory Alpha LLC

Advisory Alpha LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,694 shares of the exchange traded fund’s stock after purchasing an additional 160 shares during the period. Advisory Alpha LLC’s holdings in Vanguard Information Technology ETF were worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $55,988,000. SteelPeak Wealth LLC lifted its position in Vanguard Information Technology ETF by 2,097.0% during the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after buying an additional 60,205 shares during the period. Royal Fund Management LLC increased its stake in shares of Vanguard Information Technology ETF by 258.7% during the 3rd quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after acquiring an additional 39,126 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in shares of Vanguard Information Technology ETF by 850.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 32,424 shares of the exchange traded fund’s stock worth $19,017,000 after acquiring an additional 29,011 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 2.0 %

NYSEARCA:VGT opened at $645.27 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.66. The firm’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 P/E 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).