Independent Financial Group LLC Buys New Holdings in Vanguard Information Technology ETF $VGT

Independent Financial Group LLC purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,894 shares of the exchange traded fund’s stock, valued at approximately $7,601,000.

Other large investors have also bought and sold shares of the company. Center For Asset Management LLC lifted its position in Vanguard Information Technology ETF by 4.4% in the fourth quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 14 shares during the last quarter. Roman Butler Fullerton & Co. grew its holdings in shares of Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 14 shares during the last quarter. Plancorp LLC grew its holdings in shares of Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after buying an additional 14 shares during the period. Finally, Saxony Capital Management LLC increased its stake in shares of Vanguard Information Technology ETF by 2.1% in the fourth quarter. Saxony Capital Management LLC now owns 718 shares of the exchange traded fund’s stock worth $541,000 after buying an additional 15 shares during the period.

Vanguard Information Technology ETF Stock Down 1.9%

NYSEARCA:VGT opened at $114.24 on Friday. The company has a fifty day moving average of $116.66 and a 200 day moving average of $101.95. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a market capitalization of $140.05 billion, a P/E ratio of 34.55 and a beta of 1.34.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.