Barings LLC Acquires 12,694 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Barings LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 219.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,474 shares of the exchange traded fund’s stock after acquiring an additional 12,694 shares during the quarter. Barings LLC’s holdings in Vanguard Information Technology ETF were worth $11,487,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Peterson Financial Group Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter worth $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF in the third quarter worth $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in Vanguard Information Technology ETF by 107.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $575.87 on Friday. The business has a fifty day simple moving average of $619.75 and a two-hundred day simple moving average of $607.06. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The company has a market capitalization of $79.94 billion, a P/E ratio of 36.18 and a beta of 1.16.

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).