Nwam LLC Purchases Shares of 3,563 Vanguard Information Technology ETF (NYSEARCA:VGT)

Nwam LLC bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,563 shares of the exchange traded fund’s stock, valued at approximately $2,090,000.

A number of other hedge funds have also modified their holdings of VGT. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $32,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $32,000. Finally, Bell Investment Advisors Inc acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $33,000.

Vanguard Information Technology ETF Trading Up 0.4 %

Shares of VGT opened at $621.58 on Friday. Vanguard Information Technology ETF has a 1 year low of $454.77 and a 1 year high of $626.45. The stock has a 50 day simple moving average of $596.82 and a 200-day simple moving average of $573.07. The stock has a market cap of $78.27 billion, a PE 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).