Valley National Advisers Inc. Buys 197 Shares of Vanguard Information Technology ETF $VGT

Valley National Advisers Inc. boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,313 shares of the exchange traded fund’s stock after purchasing an additional 197 shares during the period. Vanguard Information Technology ETF comprises about 1.0% of Valley National Advisers Inc.’s holdings, making the stock its 17th largest holding. Valley National Advisers Inc.’s holdings in Vanguard Information Technology ETF were worth $6,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 2.7% in the first quarter. Procyon Advisors LLC now owns 753 shares of the exchange traded fund’s stock valued at $409,000 after buying an additional 20 shares during the period. Rockwood Wealth Management LLC boosted its position in Vanguard Information Technology ETF by 3.3% during the 1st quarter. Rockwood Wealth Management LLC now owns 2,561 shares of the exchange traded fund’s stock worth $1,389,000 after buying an additional 81 shares during the period. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Vanguard Information Technology ETF by 13.2% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 1,366 shares of the exchange traded fund’s stock valued at $741,000 after acquiring an additional 159 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. acquired a new position in shares of Vanguard Information Technology ETF during the first quarter worth $351,000.

Vanguard Information Technology ETF Stock Down 0.3%

Shares of NYSEARCA:VGT opened at $755.67 on Monday. The firm has a market cap of $109.02 billion, a P/E ratio of 34.55 and a beta of 1.16. The business has a fifty day simple moving average of $710.39 and a 200 day simple moving average of $637.02. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $762.83.

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).