422 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Purchased by Seaside Wealth Management Inc.

Seaside Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 422 shares of the exchange traded fund’s stock, valued at approximately $262,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Elevation Capital Advisory LLC bought a new position in Vanguard Information Technology ETF in the 2nd quarter worth approximately $1,983,000. FMR LLC boosted its holdings in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after acquiring an additional 6,396 shares during the period. Citigroup Inc. grew its position in shares of Vanguard Information Technology ETF by 21.2% in the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after purchasing an additional 7,223 shares in the last quarter. Northstar Group Inc. raised its stake in shares of Vanguard Information Technology ETF by 3.9% during the 3rd quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock valued at $393,000 after purchasing an additional 25 shares during the period. Finally, Pathstone Holdings LLC raised its stake in shares of Vanguard Information Technology ETF by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 40,751 shares of the exchange traded fund’s stock valued at $23,902,000 after purchasing an additional 395 shares during the period.

Vanguard Information Technology ETF Stock Down 0.8 %

VGT stock opened at $618.16 on Friday. Vanguard Information Technology ETF has a twelve month low of $473.89 and a twelve month high of $648.66. The firm has a market capitalization of $77.84 billion, a PE ratio of 36.30 and a beta of 1.41. The stock has a 50-day simple moving average of $627.24 and a two-hundred day simple moving average of $594.35.

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).