Gray Wealth Management Inc. Acquires 70 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Gray Wealth Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,466 shares of the exchange traded fund’s stock after buying an additional 70 shares during the quarter. Vanguard Information Technology ETF comprises 1.1% of Gray Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest position. Gray Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $2,777,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VGT. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $30,000. Brooklyn Investment Group bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Kentucky Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000. Briaud Financial Planning Inc purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Finally, Coastline Trust Co bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth about $32,000.

Vanguard Information Technology ETF Stock Up 3.0 %

VGT stock opened at $563.01 on Monday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The firm has a market capitalization of $78.42 billion, a PE ratio of 33.62 and a beta of 1.17. The stock has a 50-day simple moving average of $612.53 and a two-hundred day simple moving average of $606.48.

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).