Briaud Financial Planning Inc Acquires New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Briaud Financial Planning Inc acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50 shares of the exchange traded fund’s stock, valued at approximately $31,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VGT. Corbyn Investment Management Inc. MD grew its holdings in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after acquiring an additional 17 shares during the period. Sovereign Financial Group Inc. grew its holdings in Vanguard Information Technology ETF by 0.9% during the 4th 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. Sfmg LLC grew its holdings in Vanguard Information Technology ETF by 2.8% during the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 19 shares during the period. Providence Capital Advisors LLC grew its holdings in Vanguard Information Technology ETF by 7.0% during the 3rd quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock worth $178,000 after acquiring an additional 20 shares during the period. Finally, Hamilton Point Investment Advisors LLC grew its holdings in Vanguard Information Technology ETF by 2.6% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after acquiring an additional 20 shares during the period.

Vanguard Information Technology ETF Trading Down 4.5 %

Shares of Vanguard Information Technology ETF stock opened at $550.07 on Tuesday. The business has a 50-day moving average price of $618.20 and a two-hundred day moving average price of $607.09. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The company has a market cap of $76.36 billion, a P/E ratio of 36.18 and a beta of 1.16.

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).