Legacy Financial Group Inc. Boosts Stake in Vanguard Information Technology ETF $VGT

Legacy Financial Group Inc. grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 677.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,921 shares of the exchange traded fund’s stock after buying an additional 5,159 shares during the quarter. Vanguard Information Technology ETF accounts for 0.2% of Legacy Financial Group Inc.’s holdings, making the stock its 24th biggest position. Legacy Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. Kingdom Financial Group LLC. bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $27,000. Wells Financial Advisors INC bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth $29,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Jessup Wealth Management Inc purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Finally, GW&K Investment Management LLC grew its stake in Vanguard Information Technology ETF by 100.0% in the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 21 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $118.36 on Friday. The firm has a market cap of $145.10 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The stock has a fifty day moving average price of $116.96 and a 200-day moving average price of $105.87.

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). 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.