Trevian Wealth Management LLC Makes New $226,000 Investment in Vanguard Information Technology ETF $VGT

Trevian Wealth Management LLC acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 341 shares of the exchange traded fund’s stock, valued at approximately $226,000.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. Brighton Jones LLC boosted its holdings in Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares during the period. SG Americas Securities LLC acquired a new position in Vanguard Information Technology ETF in the first quarter worth $507,000. Zhang Financial LLC lifted its stake in Vanguard Information Technology ETF by 11.1% in the first quarter. Zhang Financial LLC now owns 5,580 shares of the exchange traded fund’s stock valued at $3,026,000 after buying an additional 557 shares during the last quarter. Fifth Third Bancorp lifted its stake in Vanguard Information Technology ETF by 16.1% in the first quarter. Fifth Third Bancorp now owns 49,342 shares of the exchange traded fund’s stock valued at $26,762,000 after buying an additional 6,841 shares during the last quarter. Finally, Davis Investment Partners LLC lifted its stake in Vanguard Information Technology ETF by 1.7% in the first quarter. Davis Investment Partners LLC now owns 7,454 shares of the exchange traded fund’s stock valued at $3,905,000 after buying an additional 124 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $767.64 on Friday. The stock has a market capitalization of $113.57 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $769.60. The stock’s fifty day moving average is $716.01 and its two-hundred day moving average is $641.43.

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).