TFB Advisors LLC Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

TFB Advisors LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.9% in the fourth quarter, HoldingsChannel reports. The firm owned 848 shares of the exchange traded fund’s stock after buying an additional 62 shares during the quarter. TFB Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $527,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after buying an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.1 %

Shares of NYSEARCA VGT opened at $628.04 on Wednesday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market capitalization of $79.08 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business has a 50 day simple moving average of $629.58 and a 200-day simple moving average of $599.07.

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).