Ibex Wealth Advisors Purchases New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ibex Wealth Advisors acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 516 shares of the exchange traded fund’s stock, valued at approximately $321,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VGT. Morton Capital Management LLC CA boosted its stake in Vanguard Information Technology ETF by 4.3% in the 3rd quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 17 shares during the period. Signaturefd LLC boosted its position in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after acquiring an additional 17 shares during the period. Corbyn Investment Management Inc. MD grew its stake in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after acquiring an additional 17 shares in the last quarter. Sovereign Financial Group Inc. increased its position in Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after acquiring an additional 17 shares during the period. Finally, Frank Rimerman Advisors LLC raised its stake in Vanguard Information Technology ETF by 3.6% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 18 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $619.84 on Thursday. The stock has a market capitalization of $78.05 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The business has a fifty day moving average price of $629.59 and a two-hundred day moving average price of $596.56.

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).