Vanguard Information Technology ETF (NYSEARCA:VGT) Stock Position Lifted by Ascent Wealth Partners LLC

Ascent Wealth Partners LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 120.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,240 shares of the exchange traded fund’s stock after buying an additional 1,223 shares during the quarter. Ascent Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in VGT. SG Americas Securities LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $110,000. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 4.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,763 shares of the exchange traded fund’s stock worth $1,621,000 after purchasing an additional 119 shares during the last quarter. Dakota Wealth Management lifted its holdings in shares of Vanguard Information Technology ETF by 18.4% in the 3rd quarter. Dakota Wealth Management now owns 5,425 shares of the exchange traded fund’s stock worth $3,182,000 after purchasing an additional 842 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $602,000. Finally, Sigma Investment Counselors Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $200,000.

Vanguard Information Technology ETF Trading Down 2.7 %

Shares of NYSEARCA VGT opened at $624.14 on Friday. The company has a market cap of $78.59 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The stock’s 50 day simple moving average is $629.09 and its 200 day simple moving average is $604.45.

Vanguard Information Technology ETF Company 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).