Axos Invest Inc. Purchases New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Axos Invest Inc. acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,136 shares of the exchange traded fund’s stock, valued at approximately $666,000. Vanguard Information Technology ETF accounts for about 0.5% of Axos Invest Inc.’s holdings, making the stock its 15th biggest position.

Other institutional investors also recently bought and sold shares of the company. Morton Capital Management LLC CA increased its holdings in shares of Vanguard Information Technology ETF by 4.3% during the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 17 shares during the period. Signaturefd LLC grew its position in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 17 shares in the last quarter. Corbyn Investment Management Inc. MD increased its stake in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after buying an additional 17 shares during the period. Frank Rimerman Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 3.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after buying an additional 18 shares in the last quarter. Finally, Heritage Wealth Partners LLC lifted its stake in shares of Vanguard Information Technology ETF by 4.3% in the 2nd quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 19 shares during the period.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $612.82 on Thursday. Vanguard Information Technology ETF has a 12 month low of $454.77 and a 12 month high of $626.45. The firm has a market capitalization of $77.17 billion, a PE ratio of 36.30 and a beta of 1.41. The company’s 50 day simple moving average is $594.70 and its 200 day simple moving average is $572.01.

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).