Van ECK Associates Corp Buys 18,424 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Van ECK Associates Corp increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 83,745.5% in the 4th quarter, Holdings Channel reports. The fund owned 18,446 shares of the exchange traded fund’s stock after buying an additional 18,424 shares during the quarter. Van ECK Associates Corp’s holdings in Vanguard Information Technology ETF were worth $11,470,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $110,000. Bfsg LLC lifted its stake in Vanguard Information Technology ETF by 80.0% in the third quarter. Bfsg LLC now owns 99 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 44 shares during the last quarter. Inspire Advisors LLC boosted its position in Vanguard Information Technology ETF by 26.5% during the third quarter. Inspire Advisors LLC now owns 1,065 shares of the exchange traded fund’s stock valued at $625,000 after buying an additional 223 shares during the period. Stratos Wealth Partners LTD. boosted its position in Vanguard Information Technology ETF by 5.7% during the third quarter. Stratos Wealth Partners LTD. now owns 40,879 shares of the exchange traded fund’s stock valued at $23,977,000 after buying an additional 2,207 shares during the period. Finally, Stratos Wealth Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 14.2% during the third quarter. Stratos Wealth Advisors LLC now owns 8,502 shares of the exchange traded fund’s stock valued at $4,987,000 after buying an additional 1,057 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.5 %

NYSEARCA VGT opened at $639.87 on Friday. The firm has a market cap of $80.57 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The stock has a 50-day moving average of $628.98 and a 200-day moving average of $600.54.

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).