Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Praetorian Wealth Management Inc.

Praetorian Wealth Management Inc. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,724 shares of the exchange traded fund’s stock after purchasing an additional 948 shares during the quarter. Vanguard Information Technology ETF comprises 2.3% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 11th largest position. Praetorian Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $9,613,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. Zions Bancorporation N.A. increased its position in Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 24 shares during the period. Crowley Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $27,000. Copia Wealth Management acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $30,000. Briaud Financial Planning Inc acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Duncker Streett & Co. Inc. acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $35,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $623.29 on Friday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $648.76. The stock has a market cap of $87.90 billion, a P/E ratio of 35.89 and a beta of 1.24. The stock’s 50 day moving average price is $573.88 and its 200 day moving average price is $594.96.

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).