Pinnacle Bancorp Inc. Acquires 25 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Pinnacle Bancorp Inc. lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% during the 1st quarter, Holdings Channel reports. The firm owned 321 shares of the exchange traded fund’s stock after acquiring an additional 25 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Information Technology ETF were worth $168,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. FMR LLC lifted its position in Vanguard Information Technology ETF by 19.4% in the 3rd quarter. FMR LLC now owns 46,464 shares of the exchange traded fund’s stock valued at $19,278,000 after acquiring an additional 7,534 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Vanguard Information Technology ETF by 77.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,397 shares of the exchange traded fund’s stock valued at $2,239,000 after purchasing an additional 2,355 shares during the period. Mather Group LLC. boosted its position in shares of Vanguard Information Technology ETF by 61.9% during the third quarter. Mather Group LLC. now owns 7,331 shares of the exchange traded fund’s stock worth $3,042,000 after buying an additional 2,802 shares during the period. Trexquant Investment LP grew its holdings in shares of Vanguard Information Technology ETF by 8.1% during the third quarter. Trexquant Investment LP now owns 4,072 shares of the exchange traded fund’s stock worth $1,689,000 after buying an additional 305 shares in the last quarter. Finally, Synovus Financial Corp raised its position in Vanguard Information Technology ETF by 4.1% in the 3rd quarter. Synovus Financial Corp now owns 14,546 shares of the exchange traded fund’s stock valued at $6,044,000 after buying an additional 570 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT traded down $1.35 during mid-day trading on Friday, hitting $576.21. 380,404 shares of the company’s stock were exchanged, compared to its average volume of 456,512. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $593.10. The company has a market cap of $72.56 billion, a PE ratio of 36.30 and a beta of 1.41. The company has a 50-day simple moving average of $539.46 and a 200 day simple moving average of $516.14.

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).