Sigma Investment Counselors Inc. Acquires 4,578 Shares of Vanguard Information Technology ETF $VGT

Sigma Investment Counselors Inc. boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 43.2% during the third quarter, Holdings Channel.com reports. The fund owned 15,180 shares of the exchange traded fund’s stock after buying an additional 4,578 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VGT. William Mack & Associates Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $109,000. Victory Financial Group LLC increased its holdings in shares of Vanguard Information Technology ETF by 23.8% in the 3rd quarter. Victory Financial Group LLC now owns 2,088 shares of the exchange traded fund’s stock worth $262,000 after buying an additional 401 shares during the last quarter. John Boyer Inc. increased its holdings in shares of Vanguard Information Technology ETF by 1.4% in the 3rd quarter. John Boyer Inc. now owns 132,267 shares of the exchange traded fund’s stock worth $16,625,000 after buying an additional 1,811 shares during the last quarter. MADDEN SECURITIES Corp purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $36,000. Finally, Lynch Investment Planning LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $40,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $122.78 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66. The stock has a market cap of $151.03 billion, a P/E ratio of 34.55 and a beta of 1.34. The firm’s fifty day moving average price is $122.36 and its 200-day moving average price is $108.90.

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.