Crestwood Advisors Group LLC Increases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Crestwood Advisors Group LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,930 shares of the exchange traded fund’s stock after acquiring an additional 344 shares during the period. Crestwood Advisors Group LLC’s holdings in Vanguard Information Technology ETF were worth $2,443,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the third quarter worth $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in shares of 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 acquiring an additional 30 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT opened at $615.04 on Tuesday. The business has a fifty day moving average price of $628.43 and a 200 day moving average price of $605.66. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The stock has a market capitalization of $77.45 billion, a price-to-earnings 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).