Patton Albertson Miller Group LLC Boosts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Patton Albertson Miller Group LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.7% in the fourth quarter, HoldingsChannel reports. The fund owned 14,003 shares of the exchange traded fund’s stock after acquiring an additional 93 shares during the period. Vanguard Information Technology ETF makes up approximately 1.2% of Patton Albertson Miller Group LLC’s holdings, making the stock its 26th largest holding. Patton Albertson Miller Group LLC’s holdings in Vanguard Information Technology ETF were worth $8,707,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after buying an additional 501,703 shares during the period. Sanctuary Advisors LLC purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth $55,988,000. SteelPeak Wealth LLC raised its holdings in Vanguard Information Technology ETF by 2,097.0% during the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after acquiring an additional 60,205 shares during the period. Finally, Royal Fund Management LLC lifted its position in shares of Vanguard Information Technology ETF by 258.7% in the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after acquiring an additional 39,126 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 1.0 %

Shares of VGT opened at $640.13 on Friday. The business’s 50 day moving average is $629.27 and its 200 day moving average is $596.39. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The company has a market capitalization of $80.61 billion, a PE ratio of 36.30 and a beta of 1.41.

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).