Hanover Advisors Inc. Raises Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Hanover Advisors Inc. boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,870 shares of the exchange traded fund’s stock after purchasing an additional 115 shares during the quarter. Vanguard Information Technology ETF makes up 0.7% of Hanover Advisors Inc.’s investment portfolio, making the stock its 14th biggest holding. Hanover Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. increased its holdings in shares of Vanguard Information Technology ETF by 20.4% in the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 113 shares during the last quarter. Carnegie Investment Counsel increased its holdings in shares of Vanguard Information Technology ETF by 5.4% in the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after acquiring an additional 117 shares during the last quarter. FMR LLC increased its holdings in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares during the last quarter. Finally, Atlantic Family Wealth LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $4,181,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $598.48 on Friday. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company has a market cap of $83.08 billion, a P/E ratio of 36.18 and a beta of 1.16. The business’s 50-day simple moving average is $626.13 and its 200-day simple moving average is $606.49.

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).