Halpern Financial Inc. Makes New $33,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 58 shares of the exchange traded fund’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VGT. Wulff Hansen & CO. raised its holdings 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 valued at $3,079,540,000 after purchasing an additional 5,331,540 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after acquiring an additional 1,504,206 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Information Technology ETF by 5.9% in the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after buying an additional 64,672 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after acquiring an additional 17,933 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock worth $289,357,000 after buying an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.3 %

VGT traded up $7.40 during trading on Friday, reaching $585.04. The company had a trading volume of 355,061 shares, compared to its average volume of 468,006. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15. The business has a 50 day simple moving average of $562.47 and a 200-day simple moving average of $550.21. The stock has a market cap of $73.67 billion, a P/E 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).