Cornerstone Wealth Group LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cornerstone Wealth Group LLC purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 467 shares of the exchange traded fund’s stock, valued at approximately $245,000.

A number of other large investors have also recently bought and sold shares of VGT. FMR LLC boosted its position in Vanguard Information Technology ETF by 19.4% during the 3rd quarter. FMR LLC now owns 46,464 shares of the exchange traded fund’s stock worth $19,278,000 after acquiring an additional 7,534 shares during the last quarter. Trexquant Investment LP boosted its holdings in shares of Vanguard Information Technology ETF by 8.1% in the 3rd quarter. Trexquant Investment LP now owns 4,072 shares of the exchange traded fund’s stock valued at $1,689,000 after buying an additional 305 shares during the last quarter. Ancora Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF by 11.6% in the 3rd quarter. Ancora Advisors LLC now owns 912 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 95 shares during the last quarter. Waverly Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF by 9.0% in the 3rd quarter. Waverly Advisors LLC now owns 1,564 shares of the exchange traded fund’s stock valued at $649,000 after buying an additional 129 shares during the last quarter. Finally, SRS Capital Advisors Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 84.1% in the 3rd quarter. SRS Capital Advisors Inc. now owns 510 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 233 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.0 %

Shares of NYSEARCA VGT traded down $0.21 during trading hours on Friday, hitting $576.59. The company had a trading volume of 380,444 shares, compared to its average volume of 456,512. The stock has a market capitalization of $72.60 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $593.10. The firm’s 50 day moving average is $539.46 and its 200-day moving average is $516.44.

Vanguard Information Technology ETF 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).