Cadence Bank Raises Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cadence Bank boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 35.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 610 shares of the exchange traded fund’s stock after purchasing an additional 160 shares during the quarter. Cadence Bank’s holdings in Vanguard Information Technology ETF were worth $379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morse Asset Management Inc purchased a new position in Vanguard Information Technology ETF in the third quarter worth $138,000. Advisory Resource Group increased its holdings in shares of Vanguard Information Technology ETF by 11.5% during the third quarter. Advisory Resource Group now owns 1,053 shares of the exchange traded fund’s stock valued at $618,000 after acquiring an additional 109 shares in the last quarter. Anchor Investment Management LLC raised its position in shares of Vanguard Information Technology ETF by 2.9% in the 3rd quarter. Anchor Investment Management LLC now owns 28,692 shares of the exchange traded fund’s stock valued at $16,828,000 after purchasing an additional 820 shares during the last quarter. World Investment Advisors LLC boosted its stake in Vanguard Information Technology ETF by 439.3% in the 3rd quarter. World Investment Advisors LLC now owns 9,088 shares of the exchange traded fund’s stock worth $5,330,000 after purchasing an additional 7,403 shares in the last quarter. Finally, Sfmg LLC boosted its stake in Vanguard Information Technology ETF by 2.8% in the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after purchasing an additional 19 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.4 %

Shares of Vanguard Information Technology ETF stock opened at $505.53 on Friday. The firm has a market capitalization of $70.40 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $648.76. The firm’s 50 day simple moving average is $562.40 and its two-hundred day simple moving average is $599.09.

Vanguard Information Technology ETF 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).