SageView Advisory Group LLC Acquires 22,786 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

SageView Advisory Group LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 492.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,410 shares of the exchange traded fund’s stock after acquiring an additional 22,786 shares during the period. Vanguard Information Technology ETF comprises 0.7% of SageView Advisory Group LLC’s holdings, making the stock its 19th biggest holding. SageView Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $14,372,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cooper Financial Group bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $234,000. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after purchasing an additional 153 shares during the last quarter. TKG Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $210,000. Traynor Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 17.7% during the first quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $665,000 after purchasing an additional 191 shares during the last quarter. Finally, Connectus Wealth LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $224,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded down $3.03 during midday trading on Thursday, hitting $579.70. 1,188,571 shares of the stock were exchanged, compared to its average volume of 468,015. The stock has a market capitalization of $73.00 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business’s 50-day moving average price is $563.93 and its 200 day moving average price is $526.66. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $609.15.

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).