CGN Advisors LLC Purchases 4,763 Shares of Vanguard Information Technology ETF $VGT

CGN Advisors LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 671.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,472 shares of the exchange traded fund’s stock after buying an additional 4,763 shares during the period. CGN Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $654,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VGT. PPS&V Asset Management Consultants Inc. boosted its position in shares of Vanguard Information Technology ETF by 700.5% during the 2nd quarter. PPS&V Asset Management Consultants Inc. now owns 3,306 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 2,893 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 704.3% in the second quarter. CoreCap Advisors LLC now owns 154,381 shares of the exchange traded fund’s stock worth $18,452,000 after purchasing an additional 135,186 shares during the last quarter. Pacific Excel Wealth Advisors Inc. purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $229,000. Boston Standard Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the second quarter valued at approximately $212,000. Finally, Pathway Financial Advisors LLC lifted its position in Vanguard Information Technology ETF by 710.4% during the second quarter. Pathway Financial Advisors LLC now owns 23,112 shares of the exchange traded fund’s stock valued at $2,650,000 after purchasing an additional 20,260 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $119.72 on Thursday. The company has a market capitalization of $146.77 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The company has a fifty day moving average of $116.65 and a 200-day moving average of $103.85.

About Vanguard Information Technology ETF

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.