425 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Purchased by Ring Mountain Capital LLC

Ring Mountain Capital LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 425 shares of the exchange traded fund’s stock, valued at approximately $264,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGT. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 29 shares during the last quarter. Principal Securities Inc. lifted its holdings in Vanguard Information Technology ETF by 20.4% during the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares during the last quarter. Carnegie Investment Counsel lifted its holdings in Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the last quarter. FMR LLC lifted its holdings in Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares during the last quarter. Finally, Atlantic Family Wealth LLC purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $4,181,000.

Vanguard Information Technology ETF Stock Down 3.4 %

NYSEARCA VGT opened at $578.36 on Tuesday. The company has a market cap of $80.29 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The firm’s 50-day simple moving average is $624.95 and its two-hundred day simple moving average is $607.26.

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).