Lowe Brockenbrough & Co. Inc. Boosts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lowe Brockenbrough & Co. Inc. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,355 shares of the exchange traded fund’s stock after purchasing an additional 505 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 1.2% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 19th biggest holding. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Information Technology ETF were worth $18,875,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VGT. Sovereign Financial Group Inc. grew its stake in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after purchasing an additional 17 shares during the last quarter. Sfmg LLC lifted its holdings in shares of Vanguard Information Technology ETF by 2.8% during the third quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after purchasing an additional 19 shares during the period. Bare Financial Services Inc boosted its position in Vanguard Information Technology ETF by 2.1% in the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock valued at $577,000 after buying an additional 19 shares during the last quarter. Providence Capital Advisors LLC boosted its position in Vanguard Information Technology ETF by 7.0% in the third quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock valued at $178,000 after buying an additional 20 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC increased its holdings in Vanguard Information Technology ETF by 2.6% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after buying an additional 20 shares during the period.

Vanguard Information Technology ETF Trading Down 0.6 %

Shares of NYSEARCA VGT opened at $562.71 on Friday. The company has a 50 day simple moving average of $607.14 and a two-hundred day simple moving average of $605.77. The stock has a market cap of $78.37 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. 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).