True North Advisors LLC Increases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

True North Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 521 shares of the exchange traded fund’s stock after buying an additional 34 shares during the quarter. True North Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Richardson Capital Management LLC purchased a new stake in Vanguard Information Technology ETF during the 1st quarter worth about $29,000. Triad Wealth Partners LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $32,000. Bell Investment Advisors Inc acquired a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $33,000. Halpern Financial Inc. purchased a new position in Vanguard Information Technology ETF in the third quarter valued at approximately $33,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Vanguard Information Technology ETF during the first quarter worth approximately $34,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $591.43 on Wednesday. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $609.15. The company has a market capitalization of $74.47 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average price is $563.76 and its 200 day moving average price is $551.40.

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).