PFG Advisors Raises Stock Holdings in Vanguard Information Technology ETF $VGT

PFG Advisors grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,024 shares of the exchange traded fund’s stock after acquiring an additional 740 shares during the quarter. PFG Advisors’ holdings in Vanguard Information Technology ETF were worth $4,659,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VGT. BankPlus Trust Department boosted its stake in Vanguard Information Technology ETF by 169.2% during the 1st 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 period. Sawyer & Company Inc acquired a new position in Vanguard Information Technology ETF in the second quarter valued at $38,000. Rice Partnership LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $40,000. Blume Capital Management Inc. boosted its stake in shares of Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 25 shares during the period. Finally, Valued Wealth Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $53,000.

Vanguard Information Technology ETF Stock Down 0.1%

Shares of VGT stock opened at $761.37 on Friday. The stock has a market capitalization of $112.64 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The stock’s 50-day moving average price is $747.14 and its 200 day moving average price is $679.72.

Vanguard Information Technology ETF 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).