Optimist Retirement Group LLC Purchases Shares of 368 Vanguard Information Technology ETF (NYSEARCA:VGT)

Optimist Retirement Group LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 368 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TKG Advisors LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $210,000. Traynor Capital Management Inc. lifted its position in shares of Vanguard Information Technology ETF by 17.7% during the first quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $665,000 after purchasing an additional 191 shares in the last quarter. Connectus Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $224,000. Moloney Securities Asset Management LLC lifted its position in shares of Vanguard Information Technology ETF by 20.1% during the first quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock worth $469,000 after purchasing an additional 150 shares in the last quarter. Finally, Regal Investment Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 20.9% during the fourth quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 206 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.5 %

Shares of VGT stock opened at $562.69 on Thursday. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The firm’s 50 day moving average is $562.69 and its 200-day moving average is $545.49. The firm has a market capitalization of $70.85 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

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).