1,610 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Bought by North Forty Two & Co.

North Forty Two & Co. purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,610 shares of the exchange traded fund’s stock, valued at approximately $1,001,000. Vanguard Information Technology ETF makes up 1.2% of North Forty Two & Co.’s holdings, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its position in shares of Vanguard Information Technology ETF by 15.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 4,673 shares of the exchange traded fund’s stock worth $2,743,000 after purchasing an additional 610 shares during the last quarter. Pathstone Holdings LLC increased its position in shares of Vanguard Information Technology ETF by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 40,751 shares of the exchange traded fund’s stock worth $23,902,000 after purchasing an additional 395 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 30.2% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 659 shares of the exchange traded fund’s stock worth $387,000 after purchasing an additional 153 shares during the last quarter. Equita Financial Network Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $246,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard Information Technology ETF by 1.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 326,904 shares of the exchange traded fund’s stock worth $191,736,000 after purchasing an additional 3,946 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT opened at $558.31 on Wednesday. The company has a 50-day moving average of $609.64 and a 200-day moving average of $606.35. The company has a market capitalization of $77.76 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76.

Vanguard Information Technology ETF Company 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).