Nicholas Hoffman & Company LLC. Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Nicholas Hoffman & Company LLC. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 459 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Several other large investors have also bought and sold shares of the company. Stonebridge Capital Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $212,000. Diversified Trust Co bought a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $215,000. Kovack Advisors Inc. grew its stake in shares of Vanguard Information Technology ETF by 3.7% in the first quarter. Kovack Advisors Inc. now owns 2,975 shares of the exchange traded fund’s stock worth $1,560,000 after acquiring an additional 105 shares during the period. Cornerstone Wealth Management LLC grew its stake in shares of Vanguard Information Technology ETF by 6.6% in the first quarter. Cornerstone Wealth Management LLC now owns 3,641 shares of the exchange traded fund’s stock worth $1,909,000 after acquiring an additional 227 shares during the period. Finally, Teamwork Financial Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $205,000.

Vanguard Information Technology ETF Stock Down 1.3 %

Shares of VGT stock opened at $602.14 on Thursday. The company has a 50 day moving average price of $580.37 and a 200-day moving average price of $560.30. Vanguard Information Technology ETF has a 52 week low of $401.89 and a 52 week high of $612.05. The firm has a market capitalization of $75.82 billion, a PE ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

(Free Report)

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).

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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