Concord Wealth Partners Acquires 80 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Concord Wealth Partners grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% in the 4th quarter, HoldingsChannel reports. The firm owned 1,028 shares of the exchange traded fund’s stock after buying an additional 80 shares during the quarter. Concord Wealth Partners’ holdings in Vanguard Information Technology ETF were worth $639,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Brooklyn Investment Group bought a new position in Vanguard Information Technology ETF in the fourth quarter worth about $30,000. St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Halpern Financial Inc. acquired a new stake in Vanguard Information Technology ETF in the third quarter valued at approximately $33,000.

Vanguard Information Technology ETF Trading Down 0.5 %

NYSEARCA VGT opened at $616.61 on Friday. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm’s fifty day simple moving average is $629.74 and its two-hundred day simple moving average is $596.88. The firm has a market capitalization of $77.64 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).