CGN Advisors LLC Makes New $408,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

CGN Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, Holdings Channel.com reports. The firm acquired 656 shares of the exchange traded fund’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brighton Jones LLC boosted its position in Vanguard Information Technology ETF by 8.1% in the 2nd quarter. Brighton Jones LLC now owns 1,976 shares of the exchange traded fund’s stock worth $1,139,000 after purchasing an additional 148 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Vanguard Information Technology ETF by 25.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,512 shares of the exchange traded fund’s stock worth $872,000 after buying an additional 311 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter valued at $272,000. Thrivent Financial for Lutherans increased its holdings in Vanguard Information Technology ETF by 0.9% in the second quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock valued at $2,343,000 after buying an additional 37 shares in the last quarter. Finally, Summit Trail Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 1.7% in the second quarter. Summit Trail Advisors LLC now owns 7,285 shares of the exchange traded fund’s stock worth $4,206,000 after acquiring an additional 122 shares during the period.

Vanguard Information Technology ETF Stock Up 1.5 %

NYSEARCA:VGT opened at $627.47 on Friday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.66. The stock’s 50-day moving average price is $627.16 and its 200-day moving average price is $594.83. The stock has a market capitalization of $79.01 billion, a PE ratio of 36.30 and a beta of 1.41.

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).