E&G Advisors LP Acquires 290 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

E&G Advisors LP grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,083 shares of the exchange traded fund’s stock after acquiring an additional 290 shares during the period. Vanguard Information Technology ETF accounts for about 2.0% of E&G Advisors LP’s investment portfolio, making the stock its 9th biggest position. E&G Advisors LP’s holdings in Vanguard Information Technology ETF were worth $7,513,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth approximately $30,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted 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 worth $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.4 %

NYSEARCA VGT opened at $607.85 on Tuesday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The stock has a 50-day simple moving average of $629.64 and a 200 day simple moving average of $597.02. The company has a market capitalization of $76.54 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).