AMG National Trust Bank Invests $220,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

AMG National Trust Bank bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 350 shares of the exchange traded fund’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Acas LLC boosted its position in shares of Vanguard Information Technology ETF by 12.9% in the fourth quarter. Acas LLC now owns 445 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 51 shares during the period. Magnolia Wealth Management LLC boosted its position in shares of Vanguard Information Technology ETF by 2.2% in the fourth quarter. Magnolia Wealth Management LLC now owns 17,404 shares of the exchange traded fund’s stock worth $10,822,000 after buying an additional 376 shares during the period. Destination Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $479,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Vanguard Information Technology ETF by 10.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,534 shares of the exchange traded fund’s stock worth $1,575,000 after buying an additional 240 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. boosted its holdings in Vanguard Information Technology ETF by 5.1% in the fourth quarter. Strategic Family Wealth Counselors L.L.C. now owns 3,429 shares of the exchange traded fund’s stock valued at $2,132,000 after purchasing an additional 167 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $575.87 on Friday. The company has a market capitalization of $79.94 billion, a P/E ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The stock has a 50-day moving average price of $619.75 and a 200 day moving average price of $607.06.

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).