Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,007 shares of the exchange traded fund’s stock after purchasing an additional 2,943 shares during the quarter. Vanguard Information Technology ETF comprises approximately 0.8% of Principle Wealth Partners LLC’s holdings, making the stock its 29th biggest holding. Principle Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $9,683,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bfsg LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. OLD Second National Bank of Aurora purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $36,000. Aspire Private Capital LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $37,000. Finally, Horizons Wealth Management purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $37,000.

Vanguard Information Technology ETF Stock Up 1.7 %

Shares of VGT stock traded up $8.50 during mid-day trading on Friday, reaching $503.94. The company’s stock had a trading volume of 364,431 shares, compared to its average volume of 493,722. The company’s 50 day simple moving average is $514.86 and its 200-day simple moving average is $483.62. Vanguard Information Technology ETF has a 12-month low of $374.52 and a 12-month high of $536.63. The firm has a market capitalization of $63.46 billion, a PE ratio of 37.45 and a beta of 1.37.

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).