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

Altus Wealth Management LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,242 shares of the exchange traded fund’s stock after purchasing an additional 120 shares during the period. Vanguard Information Technology ETF makes up about 0.6% of Altus Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Altus Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the last quarter. Carnegie Investment Counsel raised its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after acquiring an additional 117 shares during the last quarter. FMR LLC lifted its position in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Vanguard Information Technology ETF by 21.2% in the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after acquiring an additional 7,223 shares during the last quarter. Finally, Northstar Group Inc. increased its position in shares of Vanguard Information Technology ETF by 3.9% during the third quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $606.78 on Tuesday. The business has a fifty day moving average price of $629.27 and a 200 day moving average price of $596.30. The company has a market cap of $76.41 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76.

Vanguard Information Technology ETF 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).