Hanson & Doremus Investment Management Purchases 24 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Hanson & Doremus Investment Management boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218 shares of the exchange traded fund’s stock after purchasing an additional 24 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Vanguard Information Technology ETF were worth $136,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC bought a new position in Vanguard Information Technology ETF in the third quarter worth $30,000. Peterson Financial Group Inc. bought a new position in Vanguard Information Technology ETF in the third quarter worth $30,000. Brooklyn Investment Group bought a new position in Vanguard Information Technology ETF in the fourth quarter worth $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at $32,000. Finally, Halpern Financial Inc. bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at $33,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $619.90 on Friday. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The business has a fifty day moving average price of $629.73 and a 200-day moving average price of $596.72. The company has a market capitalization of $78.06 billion, a PE ratio of 36.30 and a beta of 1.41.

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).