1,189 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Acquired by Griffin Asset Management Inc.

Griffin Asset Management Inc. bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, Holdings Channel reports. The fund bought 1,189 shares of the exchange traded fund’s stock, valued at approximately $739,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Peterson Financial Group Inc. bought a new position in Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $32,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $33,000.

Vanguard Information Technology ETF Stock Up 3.1 %

Shares of NYSEARCA VGT opened at $625.71 on Wednesday. The company has a market capitalization of $78.79 billion, a PE ratio of 36.30 and a beta of 1.41. The firm has a fifty day simple moving average of $629.32 and a 200 day simple moving average of $596.38. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76.

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).