ST. Nicholas Private Asset Management Inc. Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

ST. Nicholas Private Asset Management Inc. purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,224 shares of the exchange traded fund’s stock, valued at approximately $3,248,000. Vanguard Information Technology ETF comprises about 2.9% of ST. Nicholas Private Asset Management Inc.’s holdings, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in VGT. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 acquiring an additional 29 shares during the period. Carnegie Investment Counsel grew its position in Vanguard Information Technology ETF by 5.4% during the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after acquiring an additional 117 shares during the last quarter. FMR LLC grew its position in Vanguard Information Technology ETF by 11.0% during the 3rd 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 last quarter. Citigroup Inc. grew its position in Vanguard Information Technology ETF by 21.2% during the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after acquiring an additional 7,223 shares during the last quarter. Finally, Pathstone Holdings LLC grew its position in 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 worth $23,902,000 after acquiring an additional 395 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $624.14 on Friday. The firm has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The stock’s 50 day simple moving average is $629.09 and its 200 day simple moving average is $604.45.

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).