BLB&B Advisors LLC Raises Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

BLB&B Advisors LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,352 shares of the exchange traded fund’s stock after buying an additional 58 shares during the quarter. BLB&B Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,966,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. RBA Wealth Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 5.9% during the third quarter. RBA Wealth Management LLC now owns 4,498 shares of the exchange traded fund’s stock worth $2,638,000 after buying an additional 250 shares in the last quarter. Eastern Bank acquired a new position in Vanguard Information Technology ETF in the 3rd quarter valued at $269,000. Signaturefd LLC boosted its holdings in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after purchasing an additional 17 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 6.6% in the third quarter. Sequoia Financial Advisors LLC now owns 3,278 shares of the exchange traded fund’s stock valued at $1,923,000 after purchasing an additional 202 shares during the period. Finally, Fortis Group Advisors LLC increased its stake in Vanguard Information Technology ETF by 4.2% in the third quarter. Fortis Group Advisors LLC now owns 1,377 shares of the exchange traded fund’s stock valued at $808,000 after purchasing an additional 55 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $606.33 on Wednesday. The company has a 50-day moving average of $576.93 and a 200-day moving average of $557.02. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $610.06. The company has a market cap of $76.35 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).