Westwood Holdings Group Inc. Buys 710 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Westwood Holdings Group Inc. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 141.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,213 shares of the exchange traded fund’s stock after purchasing an additional 710 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Vanguard Information Technology ETF were worth $636,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bfsg LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $28,000. OLD Second National Bank of Aurora acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. Richardson Capital Management LLC acquired a new stake in Vanguard Information Technology ETF during the 1st quarter worth approximately $29,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Vanguard Information Technology ETF during the 1st quarter worth approximately $34,000.

Vanguard Information Technology ETF Trading Down 2.5 %

NYSEARCA:VGT traded down $13.43 during mid-day trading on Friday, hitting $534.05. 805,190 shares of the company’s stock were exchanged, compared to its average volume of 472,999. The company has a 50 day simple moving average of $571.41 and a 200-day simple moving average of $534.05. Vanguard Information Technology ETF has a fifty-two week low of $397.76 and a fifty-two week high of $609.15. The firm has a market capitalization of $67.25 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).