Sigma Planning Corp Buys 82,492 Shares of Vanguard Information Technology ETF $VGT

Sigma Planning Corp increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 737.3% during the second quarter, Holdings Channel.com reports. The fund owned 93,680 shares of the exchange traded fund’s stock after buying an additional 82,492 shares during the period. Sigma Planning Corp’s holdings in Vanguard Information Technology ETF were worth $11,197,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VGT. Kingdom Financial Group LLC. acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 194 shares during the last quarter. RHL Group LLC acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $31,000. Jessup Wealth Management Inc bought a new position in Vanguard Information Technology ETF during the fourth quarter worth $31,000. Finally, Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF in the second quarter valued at $31,000.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $120.07 on Monday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The stock has a 50-day moving average price of $116.96 and a 200-day moving average price of $107.00. The firm has a market cap of $147.20 billion, a PE 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.