Cardinal Point Capital Management ULC Buys 270 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Cardinal Point Capital Management ULC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 28.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,208 shares of the exchange traded fund’s stock after purchasing an additional 270 shares during the period. Cardinal Point Capital Management ULC’s holdings in Vanguard Information Technology ETF were worth $710,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wulff Hansen & CO. boosted its position in shares of Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after purchasing an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC grew its stake in Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after buying an additional 307,580 shares during the last quarter. Beacon Capital Management Inc. boosted its holdings in Vanguard Information Technology ETF by 189.0% in the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after purchasing an additional 207,468 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Vanguard Information Technology ETF by 665.9% in the 1st quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after purchasing an additional 205,928 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $580.98 on Tuesday. The company has a 50 day simple moving average of $562.47 and a 200 day simple moving average of $550.58. The stock has a market cap of $73.16 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15.

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).