Roble Belko & Company Inc Grows Position in Vanguard Information Technology ETF $VGT

Roble Belko & Company Inc raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,336 shares of the exchange traded fund’s stock after purchasing an additional 7,294 shares during the quarter. Roble Belko & Company Inc’s holdings in Vanguard Information Technology ETF were worth $996,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VGT. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $27,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Jessup Wealth Management Inc purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth $31,000. GW&K Investment Management LLC lifted its position in Vanguard Information Technology ETF by 100.0% during the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 21 shares during the period. Finally, Semmax Financial Advisors Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $121.05 on Wednesday. The business’s 50-day simple moving average is $117.48 and its two-hundred day simple moving average is $108.40. The company has a market cap of $148.40 billion, a PE ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.