Sandy Cove Advisors LLC Purchases Shares of 598 Vanguard Information Technology ETF $VGT

by · The Cerbat Gem

Sandy Cove Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 598 shares of the exchange traded fund’s stock, valued at approximately $397,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VGT. Brighton Jones LLC boosted its stake in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the period. Orion Capital Management LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $62,000. Silvercrest Asset Management Group LLC lifted its stake in Vanguard Information Technology ETF by 45.3% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 1,165 shares of the exchange traded fund’s stock worth $724,000 after acquiring an additional 363 shares during the last quarter. Texas Bank & Trust Co purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $205,000. Finally, Two Sigma Investments LP lifted its stake in Vanguard Information Technology ETF by 84.1% in the fourth quarter. Two Sigma Investments LP now owns 137,500 shares of the exchange traded fund’s stock worth $85,498,000 after acquiring an additional 62,800 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 1.0%

Shares of NYSEARCA:VGT opened at $726.63 on Tuesday. The company has a market capitalization of $103.15 billion, a PE ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $726.63. The firm has a 50 day simple moving average of $692.93 and a 200-day simple moving average of $619.65.

Vanguard Information Technology ETF Company Profile

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding VGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Information Technology ETF (NYSEARCA:VGTFree Report).