Snowden Capital Advisors LLC Boosts Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Snowden Capital Advisors LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,139 shares of the exchange traded fund’s stock after buying an additional 372 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $11,279,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Zions Bancorporation N.A. lifted its position in shares of Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $27,000. Brooklyn Investment Group bought a new position in Vanguard Information Technology ETF during the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Finally, Briaud Financial Planning Inc bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $615.55 on Friday. The company has a market capitalization of $86.48 billion, a P/E ratio of 33.98 and a beta of 1.24. The business’s fifty day moving average price is $544.11 and its two-hundred day moving average price is $594.32. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76.

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).