Peregrine Asset Advisers Inc. Has $2.77 Million Stake in Vanguard Information Technology ETF $VGT

Peregrine Asset Advisers Inc. raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,182 shares of the exchange traded fund’s stock after purchasing an additional 91 shares during the quarter. Peregrine Asset Advisers Inc.’s holdings in Vanguard Information Technology ETF were worth $2,774,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VGT. Brighton Jones LLC grew its holdings in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF by 17.5% in the first quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 21 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of Vanguard Information Technology ETF in the first quarter valued at approximately $545,000. Capital Investment Advisory Services LLC grew its position in shares of Vanguard Information Technology ETF by 14.0% in the first quarter. Capital Investment Advisory Services LLC now owns 1,324 shares of the exchange traded fund’s stock valued at $718,000 after purchasing an additional 163 shares during the last quarter. Finally, Truist Financial Corp grew its position in shares of Vanguard Information Technology ETF by 3.9% in the first quarter. Truist Financial Corp now owns 164,912 shares of the exchange traded fund’s stock valued at $89,445,000 after purchasing an additional 6,123 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.3%

Shares of VGT stock opened at $793.21 on Monday. The stock has a market cap of $117.36 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock has a 50 day simple moving average of $739.59 and a 200 day simple moving average of $671.38. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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).