Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,445 shares of the exchange traded fund’s stock after acquiring an additional 442 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Information Technology ETF were worth $4,629,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VGT. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF during the third quarter worth about $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Coastline Trust Co acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter worth approximately $32,000. Halpern Financial Inc. purchased a new stake in Vanguard Information Technology ETF in the third quarter valued at approximately $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.5 %

NYSEARCA:VGT opened at $627.47 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.66. The firm’s 50 day moving average is $627.16 and its two-hundred day moving average is $594.83. The company has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).