Golden State Wealth Management LLC Makes New $75,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Golden State Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 120 shares of the exchange traded fund’s stock, valued at approximately $75,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares during the period. Strategic Financial Concepts LLC raised its position in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares during the last quarter. LPL Financial LLC raised its position in Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after buying an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after acquiring an additional 510,798 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after acquiring an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.3 %

NYSEARCA VGT opened at $628.86 on Tuesday. The firm’s 50 day moving average is $629.57 and its 200-day moving average is $598.54. The company has a market capitalization of $79.19 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76.

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).