Telos Capital Management Inc. Buys New Shares in Vanguard Information Technology ETF (NYSEARCA:VGT)

Telos Capital Management Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, HoldingsChannel reports. The fund bought 1,075 shares of the exchange traded fund’s stock, valued at approximately $668,000.

A number of other hedge funds have also added to or reduced their stakes in the business. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 30 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $627.03 on Friday. The firm has a 50-day moving average of $629.39 and a 200-day moving average of $597.71. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company has a market cap of $78.96 billion, a PE ratio of 36.30 and a beta of 1.41.

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).