NBH Bank Makes New Investment in Vanguard Information Technology ETF $VGT

NBH Bank bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,140 shares of the exchange traded fund’s stock, valued at approximately $1,331,000.

A number of other large investors have also modified their holdings of the stock. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. GW&K Investment Management LLC lifted its position in shares of Vanguard Information Technology ETF by 100.0% during the fourth quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 21 shares in the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the second quarter valued at $31,000.

Vanguard Information Technology ETF Trading Up 0.3%

VGT opened at $121.27 on Friday. The company has a fifty day simple moving average of $117.35 and a 200 day simple moving average of $107.87. The firm has a market cap of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00.

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.