Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Purchased by Dakota Wealth Management

Dakota Wealth Management lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,314 shares of the exchange traded fund’s stock after acquiring an additional 889 shares during the quarter. Dakota Wealth Management’s holdings in Vanguard Information Technology ETF were worth $3,926,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VGT. St. Johns Investment Management Company LLC purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at $30,000. Peterson Financial Group Inc. purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at about $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $32,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $33,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $645.27 on Thursday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.66. The firm has a market capitalization of $81.25 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a 50 day moving average price of $627.46 and a 200 day moving average price of $595.41.

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).