Ascent Wealth Partners LLC Boosts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ascent Wealth Partners LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 120.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,240 shares of the exchange traded fund’s stock after acquiring an additional 1,223 shares during the period. Ascent Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,393,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VGT. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $31,000. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Finally, Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $32,000.

Vanguard Information Technology ETF Stock Down 2.7 %

NYSEARCA:VGT opened at $624.14 on Friday. The business’s 50 day moving average is $629.09 and its two-hundred day moving average is $604.45. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The company has a market cap of $78.59 billion, a PE 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).