Covestor Ltd increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – free report ) by 187.5% during the first quarter, the company announced in its latest disclosure filed with the Securities and Exchange Commission. The institutional investor bought an additional 60 shares during the quarter, bringing its holdings to 92 shares of the exchange-traded fund. Covestor Ltd’s holdings in Vanguard Information Technology ETF were worth $48,000 as of the latest SEC filing.
Other hedge funds and institutional investors also recently bought and sold shares of VGT. UBS Group AG increased its holdings in Vanguard Information Technology ETF by 1.8% in the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange-traded fund worth $852,988,000 after purchasing an additional 31,323 shares during the period. International Assets Investment Management LLC purchased a new share of Vanguard Information Technology ETF in the fourth quarter for $692,917,000. Stifel Financial Corp increased its holdings in Vanguard Information Technology ETF by 4.3% in the fourth quarter. Stifel Financial Corp now owns 362,743 shares of the exchange-traded fund worth $175,581,000 after purchasing an additional 14,861 shares during the period. Beacon Capital Management increased its holdings in Vanguard Information Technology ETF by 189.0% during the first quarter. Beacon Capital Management purchased an additional 207,468 shares during the period and now owns 317,241 shares of the exchange-traded fund, valued at $166,685,000. Finally, Cerity Partners LLC increased its holdings in Vanguard Information Technology ETF by 8.5% during the fourth quarter. Cerity Partners LLC purchased an additional 19,816 shares during the period and now owns 253,661 shares of the exchange-traded fund, valued at $122,771,000.
Vanguard Information Technology ETF volume down 0.9%
VGT shares opened trading at $554.99 on Friday. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15. The stock’s 50-day moving average price is $569.75 and its 200-day moving average price is $530.58. The company has a market capitalization of $69.88 billion, a price-to-earnings ratio (PE) of 36.30 and a beta of 1.41.
Vanguard Information Technology ETF Profile
(Free report)
Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of U.S. large-, mid-, and small-cap companies in the information technology sector as classified under the Global Industry Classification Standard (GICS).
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