Brookstone Capital Management Grows Stock Position in Vanguard Information Technology ETF $VGT

Brookstone Capital Management raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,671 shares of the exchange traded fund’s stock after buying an additional 868 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Information Technology ETF were worth $7,741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard Information Technology ETF in the first quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the first quarter valued at about $32,000. MorganRosel Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF in the first quarter worth about $33,000. BankPlus Trust Department raised its stake in shares of Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 44 shares during the last quarter. Finally, Sawyer & Company Inc purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $38,000.

Vanguard Information Technology ETF Stock Down 1.2%

Shares of NYSEARCA:VGT opened at $752.41 on Thursday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $771.58. The stock has a market cap of $111.32 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The business has a 50-day moving average price of $726.57 and a 200-day moving average price of $654.52.

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).