Vanguard Information Technology ETF $VGT Shares Purchased by Kraematon Investment Advisors Inc.

Kraematon Investment Advisors Inc. grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.5% in the 2nd quarter, Holdings Channel reports. The fund owned 8,429 shares of the exchange traded fund’s stock after acquiring an additional 7,376 shares during the period. Kraematon Investment Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,007,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VGT. Plancorp LLC grew its stake in Vanguard Information Technology ETF by 0.7% during the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after purchasing an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 2.9% in the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after purchasing an additional 14 shares in the last quarter. Running Point Capital Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF by 0.7% during the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after buying an additional 15 shares during the last quarter. Moneco Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF by 2.2% during the 4th quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock valued at $632,000 after buying an additional 18 shares during the last quarter. Finally, TAGStone Capital Inc. grew its position in shares of Vanguard Information Technology ETF by 1.0% during the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock worth $1,351,000 after buying an additional 18 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $121.27 on Friday. The stock has a market capitalization of $148.67 billion, a PE ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The firm’s fifty day moving average price is $117.35 and its 200 day moving average price is $107.87.

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). 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.