Bonfire Financial Buys New Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bonfire Financial bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 812 shares of the exchange traded fund’s stock, valued at approximately $505,000.

Other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in Vanguard Information Technology ETF by 44.2% during the second quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock worth $527,000 after purchasing an additional 280 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Vanguard Information Technology ETF during the third quarter worth approximately $110,000. Sound Income Strategies LLC raised its holdings in Vanguard Information Technology ETF by 84.8% during the third quarter. Sound Income Strategies LLC now owns 194 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 89 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in Vanguard Information Technology ETF during the third quarter worth approximately $257,000. Finally, Redhawk Wealth Advisors Inc. raised its holdings in Vanguard Information Technology ETF by 6.2% during the third quarter. Redhawk Wealth Advisors Inc. now owns 1,601 shares of the exchange traded fund’s stock worth $939,000 after purchasing an additional 94 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.3 %

VGT stock opened at $628.86 on Tuesday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company’s 50 day moving average is $629.57 and its two-hundred day moving average is $598.54. The stock has a market cap of $79.19 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).