Vanguard Information Technology ETF (NYSEARCA:VGT) Position Increased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.5% in the 4th quarter, Holdings Channel reports. The firm owned 600 shares of the exchange traded fund’s stock after purchasing an additional 57 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Vanguard Information Technology ETF were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of VGT. Black Diamond Financial LLC grew its position in shares of Vanguard Information Technology ETF by 21.7% during the third quarter. Black Diamond Financial LLC now owns 1,860 shares of the exchange traded fund’s stock worth $1,090,000 after acquiring an additional 332 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in Vanguard Information Technology ETF by 1.7% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 9,650 shares of the exchange traded fund’s stock valued at $5,660,000 after buying an additional 161 shares in the last quarter. Birchcreek Wealth Management LLC grew its position in Vanguard Information Technology ETF by 0.9% in the 3rd quarter. Birchcreek Wealth Management LLC now owns 5,566 shares of the exchange traded fund’s stock valued at $3,265,000 after buying an additional 51 shares in the last quarter. Linscomb Wealth Inc. grew its position in Vanguard Information Technology ETF by 7.9% in the 3rd quarter. Linscomb Wealth Inc. now owns 521 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 38 shares in the last quarter. Finally, Coastline Trust Co bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000.

Vanguard Information Technology ETF Stock Up 3.0 %

Shares of VGT opened at $563.01 on Friday. The firm has a 50-day moving average price of $612.53 and a 200 day moving average price of $606.02. The firm has a market capitalization of $78.16 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76.

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).