SNS Financial Group LLC Purchases New Stake in Vanguard Information Technology ETF $VGT

SNS Financial Group LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, HoldingsChannel.com reports. The fund purchased 345 shares of the exchange traded fund’s stock, valued at approximately $229,000.

Other institutional investors have also added to or reduced their stakes in the company. BankPlus Trust Department raised its position in Vanguard Information Technology ETF by 169.2% during the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 44 shares in the last quarter. Sawyer & Company Inc acquired a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $38,000. Rice Partnership LLC acquired a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $40,000. Blume Capital Management Inc. raised its position in Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 25 shares in the last quarter. Finally, Valued Wealth Advisors LLC acquired a new position in Vanguard Information Technology ETF during the first quarter valued at approximately $53,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $774.45 on Wednesday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The company has a market cap of $114.58 billion, a P/E ratio of 34.55 and a beta of 1.25. The firm has a 50 day simple moving average of $743.23 and a two-hundred day simple moving average of $675.32.

Vanguard Information Technology ETF Company 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).