Bridgewater Advisors Inc. Purchases 23,796 Shares of Vanguard Information Technology ETF $VGT

Bridgewater Advisors Inc. lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 697.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,210 shares of the exchange traded fund’s stock after purchasing an additional 23,796 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.2% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Bridgewater Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $18,985,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VGT. Center For Asset Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 4.4% during the fourth quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 14 shares during the last quarter. Roman Butler Fullerton & Co. grew its holdings in shares of Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 14 shares during the period. Plancorp LLC boosted its position in Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after purchasing an additional 14 shares during the period. Finally, Saxony Capital Management LLC grew its stake in shares of Vanguard Information Technology ETF by 2.1% during the 4th quarter. Saxony Capital Management LLC now owns 718 shares of the exchange traded fund’s stock valued at $541,000 after purchasing an additional 15 shares during the period.

Vanguard Information Technology ETF Stock Down 1.0%

NYSEARCA VGT opened at $113.30 on Friday. The company has a 50-day moving average price of $116.76 and a 200-day moving average price of $102.72. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a market capitalization of $138.90 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.