Burke & Herbert Bank & Trust Co. Invests $243,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Burke & Herbert Bank & Trust Co. acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 390 shares of the exchange traded fund’s stock, valued at approximately $243,000.

Several other large investors also recently added to or reduced their stakes in VGT. Strategic Financial Concepts LLC boosted its stake 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 worth $766,536,000 after acquiring an additional 1,229,688 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Information Technology ETF by 10.0% during the third 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. Serenus Wealth Advisors LLC purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $38,429,000. Finally, SteelPeak Wealth LLC raised its stake in shares of Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after buying an additional 60,205 shares during the period.

Vanguard Information Technology ETF Trading Up 0.5 %

Shares of NYSEARCA:VGT opened at $639.87 on Monday. The stock has a 50 day moving average of $628.98 and a 200 day moving average of $601.14. The company has a market cap of $80.57 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76.

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).