Optimum Investment Advisors Has $5.83 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Optimum Investment Advisors boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,378 shares of the exchange traded fund’s stock after acquiring an additional 79 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 2.6% of Optimum Investment Advisors’ portfolio, making the stock its 5th largest holding. Optimum Investment Advisors’ holdings in Vanguard Information Technology ETF were worth $5,831,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. Kentucky Trust Co purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth $31,000. Briaud Financial Planning Inc bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Duncker Streett & Co. Inc. purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $35,000. Finally, Copley Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at about $38,000.

Vanguard Information Technology ETF Trading Up 0.3 %

NYSEARCA VGT opened at $564.61 on Friday. The firm has a market cap of $78.64 billion, a PE ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The stock has a 50-day moving average of $606.16 and a 200-day moving average of $606.10.

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).