Goldman Sachs Group Inc. Has $49.28 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Goldman Sachs Group Inc. raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,817 shares of the exchange traded fund’s stock after acquiring an additional 6,336 shares during the quarter. Goldman Sachs Group Inc. owned about 0.09% of Vanguard Information Technology ETF worth $49,279,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Cooper Financial Group bought a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $234,000. Patriot Financial Group Insurance Agency LLC raised its position in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 153 shares during the last quarter. Connectus Wealth LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $224,000. TKG Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $210,000. Finally, Regal Investment Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 20.9% in the fourth quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock valued at $577,000 after acquiring an additional 206 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.4 %

Shares of NYSEARCA:VGT opened at $588.82 on Thursday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $590.18. The stock has a market capitalization of $74.14 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a 50-day moving average price of $529.22 and a two-hundred day moving average price of $511.02.

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).