Objective Capital Management LLC Takes $471,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Objective Capital Management LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, HoldingsChannel reports. The firm bought 803 shares of the exchange traded fund’s stock, valued at approximately $471,000.

Several other hedge funds have also modified their holdings of VGT. Stonebridge Capital Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $212,000. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Vanguard Information Technology ETF by 73.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 16,876 shares of the exchange traded fund’s stock valued at $8,849,000 after buying an additional 7,141 shares during the period. WealthPLAN Partners LLC raised its holdings in shares of Vanguard Information Technology ETF by 12.4% during the 1st quarter. WealthPLAN Partners LLC now owns 561 shares of the exchange traded fund’s stock valued at $294,000 after buying an additional 62 shares during the period. Stonebrook Private Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $217,000. Finally, GW Henssler & Associates Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 6.9% during the 1st quarter. GW Henssler & Associates Ltd. now owns 709 shares of the exchange traded fund’s stock valued at $372,000 after buying an additional 46 shares during the period.

Vanguard Information Technology ETF Trading Down 0.2 %

VGT stock traded down $1.10 during midday trading on Friday, hitting $624.47. 431,108 shares of the company’s stock were exchanged, compared to its average volume of 461,308. Vanguard Information Technology ETF has a 12-month low of $433.80 and a 12-month high of $626.45. The firm has a 50 day moving average price of $584.33 and a 200-day moving average price of $565.05. The stock has a market capitalization of $78.63 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).