Vanguard Information Technology ETF $VGT Stock: Sigma Investment Counselors Inc. Raises Stake

Sigma Investment Counselors Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 43.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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.

A number of other hedge funds have also added to or reduced their stakes in the stock. William Mack & Associates Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $109,000. Victory Financial Group LLC grew its stake in Vanguard Information Technology ETF by 23.8% during the third quarter. Victory Financial Group LLC now owns 2,088 shares of the exchange traded fund’s stock valued at $262,000 after acquiring an additional 401 shares in the last quarter. John Boyer Inc. grew its stake in Vanguard Information Technology ETF by 1.4% during the third quarter. John Boyer Inc. now owns 132,267 shares of the exchange traded fund’s stock valued at $16,625,000 after acquiring an additional 1,811 shares in the last quarter. MADDEN SECURITIES Corp bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth approximately $36,000. Finally, Lynch Investment Planning LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth approximately $40,000.

Vanguard Information Technology ETF Trading Up 1.5%

Vanguard Information Technology ETF stock opened at $122.78 on Wednesday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The firm has a market capitalization of $151.03 billion, a PE ratio of 34.55 and a beta of 1.34. The firm’s 50 day simple moving average is $122.36 and its 200 day simple moving average is $108.90.

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.