Holderness Investments Co. Acquires 31 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Holderness Investments Co. boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,259 shares of the exchange traded fund’s stock after purchasing an additional 31 shares during the period. Holderness Investments Co.’s holdings in Vanguard Information Technology ETF were worth $783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Whittier Trust Co. lifted its stake in Vanguard Information Technology ETF by 0.5% during the fourth quarter. Whittier Trust Co. now owns 4,184 shares of the exchange traded fund’s stock worth $2,602,000 after purchasing an additional 20 shares during the period. Berkeley Capital Partners LLC raised its stake in shares of Vanguard Information Technology ETF by 1.5% in the fourth quarter. Berkeley Capital Partners LLC now owns 2,349 shares of the exchange traded fund’s stock valued at $1,461,000 after acquiring an additional 35 shares during the last quarter. Grey Fox Wealth Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 14.8% in the fourth quarter. Grey Fox Wealth Advisors LLC now owns 783 shares of the exchange traded fund’s stock valued at $487,000 after acquiring an additional 101 shares during the last quarter. Sandy Spring Bank raised its stake in shares of Vanguard Information Technology ETF by 0.6% in the fourth quarter. Sandy Spring Bank now owns 5,944 shares of the exchange traded fund’s stock valued at $3,696,000 after acquiring an additional 33 shares during the last quarter. Finally, Richmond Brothers Inc. raised its stake in shares of Vanguard Information Technology ETF by 7.3% in the fourth quarter. Richmond Brothers Inc. now owns 12,516 shares of the exchange traded fund’s stock valued at $7,783,000 after acquiring an additional 851 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.6 %

NYSEARCA:VGT opened at $562.71 on Friday. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The firm has a 50 day moving average of $607.14 and a 200-day moving average of $605.77. The stock has a market capitalization of $78.37 billion, a P/E ratio of 33.62 and a beta of 1.17.

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).