Northwest Bank & Trust Co Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Northwest Bank & Trust Co purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 120 shares of the exchange traded fund’s stock, valued at approximately $58,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $692,917,000. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 14.4% in the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock valued at $282,830,000 after purchasing an additional 85,685 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 20.6% in the third quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock valued at $194,586,000 after purchasing an additional 80,145 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in shares of Vanguard Information Technology ETF by 73.1% in the fourth quarter. Annex Advisory Services LLC now owns 188,711 shares of the exchange traded fund’s stock valued at $91,337,000 after purchasing an additional 79,719 shares in the last quarter. Finally, Gratus Capital LLC lifted its holdings in shares of Vanguard Information Technology ETF by 587.1% in the fourth quarter. Gratus Capital LLC now owns 90,337 shares of the exchange traded fund’s stock valued at $43,723,000 after purchasing an additional 77,189 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock traded up $2.24 during trading hours on Friday, reaching $579.41. The company had a trading volume of 389,342 shares, compared to its average volume of 455,169. The business has a fifty day simple moving average of $524.95 and a 200-day simple moving average of $508.39. The company has a market cap of $72.96 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $580.15.

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).