Curbstone Financial Management Corp bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,472 shares of the exchange traded fund’s stock, valued at approximately $893,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares in the last quarter. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $29,000. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.
Vanguard Information Technology ETF Trading Up 1.2%
NYSEARCA:VGT opened at $121.60 on Thursday. The company has a market cap of $149.07 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company’s 50 day moving average is $116.43 and its two-hundred day moving average is $104.78.
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.
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