Nvest Financial LLC Has $1.24 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Nvest Financial LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 31.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,987 shares of the exchange traded fund’s stock after acquiring an additional 476 shares during the period. Nvest Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,235,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Morton Capital Management LLC CA grew its holdings in Vanguard Information Technology ETF by 4.3% during the 3rd quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock worth $241,000 after acquiring an additional 17 shares during the last quarter. Signaturefd LLC grew its stake in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after purchasing an additional 17 shares during the last quarter. Corbyn Investment Management Inc. MD grew its stake in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares during the last quarter. Sovereign Financial Group Inc. increased its holdings in Vanguard Information Technology ETF by 0.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after purchasing an additional 17 shares during the period. Finally, Frank Rimerman Advisors LLC raised its position in Vanguard Information Technology ETF by 3.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 3.1 %

NYSEARCA VGT opened at $625.71 on Wednesday. The firm has a market capitalization of $78.79 billion, a PE ratio of 36.30 and a beta of 1.41. The business’s 50-day moving average price is $629.59 and its two-hundred day moving average price is $596.56. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month 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).