Panoramic Investment Advisors LLC Purchases 176 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Panoramic Investment Advisors LLC boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,883 shares of the exchange traded fund’s stock after buying an additional 176 shares during the quarter. Vanguard Information Technology ETF makes up about 1.1% of Panoramic Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Panoramic Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,512,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $27,000. Signature Resources Capital Management LLC purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at $28,000. OLD Second National Bank of Aurora bought a new position in Vanguard Information Technology ETF in the 4th quarter worth $29,000. Richardson Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth about $29,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $34,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded up $0.76 during mid-day trading on Tuesday, hitting $583.01. 149,026 shares of the stock traded hands, compared to its average volume of 455,091. The company has a market cap of $73.41 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock has a fifty day moving average price of $539.46 and a 200-day moving average price of $516.70. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $593.10.

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).