Stevens Capital Partners Acquires 195 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Stevens Capital Partners grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 24.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,009 shares of the exchange traded fund’s stock after purchasing an additional 195 shares during the quarter. Stevens Capital Partners’ holdings in Vanguard Information Technology ETF were worth $628,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $110,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 4.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,763 shares of the exchange traded fund’s stock worth $1,621,000 after acquiring an additional 119 shares during the period. Dakota Wealth Management boosted its stake in Vanguard Information Technology ETF by 18.4% in the 3rd quarter. Dakota Wealth Management now owns 5,425 shares of the exchange traded fund’s stock worth $3,182,000 after purchasing an additional 842 shares during the period. Mount Yale Investment Advisors LLC bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth about $602,000. Finally, Sigma Investment Counselors Inc. bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth about $200,000.

Vanguard Information Technology ETF Trading Down 2.7 %

VGT stock opened at $624.14 on Friday. The firm has a 50 day moving average of $629.09 and a 200-day moving average of $604.45. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The firm has a market capitalization of $78.59 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).