Lowe Brockenbrough & Co. Inc. Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

by · The Cerbat Gem

Lowe Brockenbrough & Co. Inc. increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 26.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,850 shares of the exchange traded fund’s stock after buying an additional 6,249 shares during the quarter. Vanguard Information Technology ETF comprises approximately 1.1% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 20th biggest holding. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Information Technology ETF were worth $17,535,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter worth about $32,000. Bell Investment Advisors Inc purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $33,000. Halpern Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $33,000. Finally, Family Firm Inc. purchased a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $35,000.

Vanguard Information Technology ETF Trading Up 0.7 %

Shares of Vanguard Information Technology ETF stock opened at $586.62 on Friday. The company has a fifty day moving average price of $580.74 and a 200 day moving average price of $561.02. Vanguard Information Technology ETF has a twelve month low of $418.22 and a twelve month high of $612.05. The stock has a market cap of $73.87 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company Profile

(Free Report)

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).

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