Fiduciary Alliance LLC Buys New Shares in Vanguard Information Technology ETF (NYSEARCA:VGT)

Fiduciary Alliance LLC bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 486 shares of the exchange traded fund’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. TKG Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $210,000. Traynor Capital Management Inc. raised its stake in shares of Vanguard Information Technology ETF by 17.7% during the 1st quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $665,000 after buying an additional 191 shares during the last quarter. Connectus Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $224,000. Moloney Securities Asset Management LLC grew its holdings in Vanguard Information Technology ETF by 20.1% during the first quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock worth $469,000 after acquiring an additional 150 shares during the period. Finally, Regal Investment Advisors LLC raised its position in Vanguard Information Technology ETF by 20.9% during the fourth quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock valued at $577,000 after acquiring an additional 206 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 1.2 %

Vanguard Information Technology ETF stock traded down $6.05 during mid-day trading on Wednesday, hitting $514.43. The company had a trading volume of 653,061 shares, compared to its average volume of 482,175. The company has a market capitalization of $64.78 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s fifty day moving average is $570.22 and its 200-day moving average is $534.77. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15.

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).