Gallagher Capital Advisors LLC Buys New Shares in Vanguard Information Technology ETF (NYSEARCA:VGT)

Gallagher Capital Advisors LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,099 shares of the exchange traded fund’s stock, valued at approximately $684,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $30,000. Kentucky Trust Co bought a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Peterson Financial Group Inc. purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Duncker Streett & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $35,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $575.87 on Monday. The firm has a market cap of $79.94 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. The firm has a fifty day moving average price of $619.75 and a 200 day moving average price of $607.23. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).