HF Advisory Group LLC Acquires 84,206 Shares of Vanguard Information Technology ETF $VGT

HF Advisory Group LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2,654.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,378 shares of the exchange traded fund’s stock after purchasing an additional 84,206 shares during the quarter. Vanguard Information Technology ETF makes up about 2.5% of HF Advisory Group LLC’s investment portfolio, making the stock its 5th biggest holding. HF Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $65,864,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VGT. YHB Investment Advisors Inc. increased its stake in Vanguard Information Technology ETF by 6.1% in the 4th quarter. YHB Investment Advisors Inc. now owns 400 shares of the exchange traded fund’s stock valued at $302,000 after buying an additional 23 shares during the last quarter. Selective Wealth Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 4.7% in the 4th quarter. Selective Wealth Management Inc. now owns 1,441 shares of the exchange traded fund’s stock valued at $1,094,000 after acquiring an additional 65 shares in the last quarter. Meredith Wealth Planning increased its position in shares of Vanguard Information Technology ETF by 10.2% in the fourth quarter. Meredith Wealth Planning now owns 520 shares of the exchange traded fund’s stock valued at $392,000 after acquiring an additional 48 shares during the last quarter. Trust Co. of Vermont increased its position in shares of Vanguard Information Technology ETF by 2.2% in the fourth quarter. Trust Co. of Vermont now owns 6,416 shares of the exchange traded fund’s stock valued at $4,836,000 after acquiring an additional 137 shares during the last quarter. Finally, Banque Pictet & Cie SA bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $388,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $706.65 on Thursday. The stock has a 50 day moving average price of $730.34 and a 200 day moving average price of $747.52. The stock has a market capitalization of $105.74 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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.