PFG Advisors Acquires 26,154 Shares of Vanguard Information Technology ETF $VGT

PFG Advisors grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 650.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,173 shares of the exchange traded fund’s stock after purchasing an additional 26,154 shares during the period. PFG Advisors’ holdings in Vanguard Information Technology ETF were worth $3,606,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VGT. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Wells Financial Advisors INC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at $29,000. RHL Group LLC bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Jessup Wealth Management Inc bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Finally, GW&K Investment Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 100.0% during the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $122.56 on Friday. The stock has a market capitalization of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business has a 50-day moving average of $116.58 and a 200-day moving average of $105.11. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week 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.