Strategic Point Investment Advisors LLC Buys 4,158 Shares of Vanguard Information Technology ETF $VGT

Strategic Point Investment Advisors LLC lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1,404.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,454 shares of the exchange traded fund’s stock after buying an additional 4,158 shares during the quarter. Vanguard Information Technology ETF comprises 0.1% of Strategic Point Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. Strategic Point Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $532,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Roman Butler Fullerton & Co. grew its stake in shares of Vanguard Information Technology ETF by 2.4% during the 4th quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 14 shares during the period. Plancorp LLC increased its holdings in Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after acquiring an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC raised its stake in Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after acquiring an additional 14 shares during the period. Fortis Capital Advisors LLC raised its stake in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock worth $1,292,000 after acquiring an additional 15 shares during the period. Finally, Running Point Capital Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 0.7% during the fourth quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $121.45 on Friday. The company has a 50 day simple moving average of $116.67 and a two-hundred day simple moving average of $104.14. The firm has a market cap of $148.89 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

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). 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.