Birchcreek Wealth Management LLC Has $3.27 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Birchcreek Wealth Management LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,566 shares of the exchange traded fund’s stock after purchasing an additional 51 shares during the period. Vanguard Information Technology ETF accounts for 2.1% of Birchcreek Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Birchcreek Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $3,265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $30,000. Triad Wealth Partners LLC bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $32,000. Bell Investment Advisors Inc bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $33,000. Halpern Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 1.4 %

VGT stock traded down $8.93 during trading on Friday, reaching $609.05. The stock had a trading volume of 64,101 shares, compared to its average volume of 459,801. Vanguard Information Technology ETF has a one year low of $452.47 and a one year high of $626.45. The company’s 50 day moving average is $588.23 and its two-hundred day moving average is $568.14. The company has a market capitalization of $76.69 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).