Ignite Planners LLC Purchases 1,116 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Ignite Planners LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,478 shares of the exchange traded fund’s stock after purchasing an additional 1,116 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.0% of Ignite Planners LLC’s holdings, making the stock its 24th largest holding. Ignite Planners LLC’s holdings in Vanguard Information Technology ETF were worth $4,733,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Morton Capital Management LLC CA grew its position in Vanguard Information Technology ETF by 4.3% during the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 17 shares during the last quarter. Signaturefd LLC raised its position in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after purchasing an additional 17 shares during the period. Corbyn Investment Management Inc. MD lifted its stake in shares of Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after acquiring an additional 17 shares during the last quarter. Frank Rimerman Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 3.6% in the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after buying an additional 18 shares during the period. Finally, Americana Partners LLC boosted its position in Vanguard Information Technology ETF by 1.2% during the 3rd quarter. Americana Partners LLC now owns 1,645 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 19 shares during the period.

Vanguard Information Technology ETF Trading Down 0.8 %

Shares of NYSEARCA:VGT opened at $608.42 on Tuesday. The company has a 50-day moving average price of $626.72 and a 200-day moving average price of $593.91. The company has a market cap of $76.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $473.89 and a 12 month high of $648.66.

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).