Cardinal Point Capital Management ULC Purchases 1,073 Shares of Vanguard Information Technology ETF $VGT

Cardinal Point Capital Management ULC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,904 shares of the exchange traded fund’s stock after purchasing an additional 1,073 shares during the period. Cardinal Point Capital Management ULC’s holdings in Vanguard Information Technology ETF were worth $4,579,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in VGT. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard Information Technology ETF during the 1st quarter valued at $28,000. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Vanguard Information Technology ETF in the first quarter worth about $32,000. MorganRosel Wealth Management LLC purchased a new position in Vanguard Information Technology ETF during the 1st quarter valued at about $33,000. BankPlus Trust Department raised its position in Vanguard Information Technology ETF by 169.2% during the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 44 shares during the last quarter. Finally, Sawyer & Company Inc purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $38,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $762.26 on Friday. The stock has a market capitalization of $112.78 billion, a PE ratio of 34.55 and a beta of 1.16. The stock’s 50 day moving average price is $727.73 and its 200-day moving average price is $656.46. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $771.58.

Vanguard Information Technology ETF 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).