Sigma Investment Counselors Inc. Buys New Shares in Vanguard Information Technology ETF (NYSEARCA:VGT)

Sigma Investment Counselors Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 341 shares of the exchange traded fund’s stock, valued at approximately $200,000.

A number of other institutional investors have also added to or reduced their stakes in VGT. Stonebridge Capital Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter valued at about $212,000. Register Financial Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter valued at about $87,000. Independence Bank of Kentucky grew its stake in shares of Vanguard Information Technology ETF by 59.4% during the first quarter. Independence Bank of Kentucky now owns 510 shares of the exchange traded fund’s stock valued at $267,000 after buying an additional 190 shares during the last quarter. Foguth Wealth Management LLC. bought a new position in shares of Vanguard Information Technology ETF during the first quarter valued at about $206,000. Finally, Founders Financial Securities LLC grew its stake in shares of Vanguard Information Technology ETF by 2.9% during the first quarter. Founders Financial Securities LLC now owns 2,273 shares of the exchange traded fund’s stock valued at $1,192,000 after buying an additional 64 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.5 %

Shares of NYSEARCA:VGT opened at $602.16 on Friday. The stock’s 50-day moving average price is $578.30 and its 200-day moving average price is $557.59. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $610.06. The stock has a market capitalization of $75.82 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).