City State Bank Boosts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

City State Bank lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Get Rating) by 16.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,707 shares of the exchange traded fund’s stock after purchasing an additional 390 shares during the quarter. City State Bank’s holdings in Vanguard Information Technology ETF were worth $865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. First Personal Financial Services boosted its holdings in shares of Vanguard Information Technology ETF by 226.9% in the 3rd quarter. First Personal Financial Services now owns 85 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Glassy Mountain Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $26,000. Psagot Value Holdings Ltd. Israel purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $30,000. Tower Research Capital LLC TRC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $30,000. Finally, American National Bank boosted its holdings in shares of Vanguard Information Technology ETF by 390.9% in the 3rd quarter. American National Bank now owns 108 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 86 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.3 %

Shares of VGT traded down $1.00 during midday trading on Friday, reaching $366.09. The stock had a trading volume of 513,705 shares, compared to its average volume of 684,601. The company has a market capitalization of $45.18 billion, a price-to-earnings ratio of 24.70 and a beta of 1.14. Vanguard Information Technology ETF has a 12-month low of $291.61 and a 12-month high of $429.56. The company’s 50-day moving average is $352.59 and its 200 day moving average is $336.63.

About Vanguard Information Technology ETF

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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).