Transform Wealth LLC Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Transform Wealth LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, Holdings Channel reports. The firm purchased 2,112 shares of the exchange traded fund’s stock, valued at approximately $1,313,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth $32,000. Finally, Halpern Financial Inc. acquired a new stake in Vanguard Information Technology ETF in the third quarter valued at about $33,000.

Vanguard Information Technology ETF Trading Up 1.5 %

Shares of NYSEARCA VGT opened at $627.47 on Tuesday. The company has a market cap of $79.01 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 $478.25 and a 12 month high of $648.66. The stock has a 50-day moving average price of $627.27 and a two-hundred day moving average price of $595.15.

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).