Pinnacle Associates Ltd. Buys 210 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Pinnacle Associates Ltd. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 63,579 shares of the exchange traded fund’s stock after acquiring an additional 210 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard Information Technology ETF were worth $37,290,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Wulff Hansen & CO. lifted its position in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the last quarter. Strategic Financial Concepts LLC grew its position in Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after purchasing an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC increased its holdings in shares of Vanguard Information Technology ETF by 6,873.3% during the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after purchasing an additional 307,580 shares during the period. Cetera Investment Advisers raised its position in shares of Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after buying an additional 205,928 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard Information Technology ETF by 263.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after buying an additional 123,866 shares during the period.

Vanguard Information Technology ETF Trading Down 0.7 %

VGT traded down $4.37 on Wednesday, hitting $605.95. 150,275 shares of the stock traded hands, compared to its average volume of 459,124. The business has a fifty day moving average price of $579.98 and a two-hundred day moving average price of $560.00. The firm has a market capitalization of $76.30 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $401.89 and a 52 week high of $612.05.

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).