Diversify Advisory Services LLC Invests $678,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Diversify Advisory Services LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,290 shares of the exchange traded fund’s stock, valued at approximately $678,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Private Advisor Group LLC raised its position in shares of Vanguard Information Technology ETF by 2.6% during the first quarter. Private Advisor Group LLC now owns 57,782 shares of the exchange traded fund’s stock worth $30,297,000 after purchasing an additional 1,449 shares during the period. Cutter & CO Brokerage Inc. raised its position in shares of Vanguard Information Technology ETF by 1.8% during the first quarter. Cutter & CO Brokerage Inc. now owns 4,569 shares of the exchange traded fund’s stock worth $2,396,000 after purchasing an additional 79 shares during the period. Curtis Advisory Group LLC grew its holdings in shares of Vanguard Information Technology ETF by 0.8% during the first quarter. Curtis Advisory Group LLC now owns 23,210 shares of the exchange traded fund’s stock valued at $12,170,000 after buying an additional 180 shares in the last quarter. Hartline Investment Corp purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at $1,160,000. Finally, Fortis Group Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at $686,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock traded up $3.02 on Friday, reaching $595.91. 512,872 shares of the company’s stock traded hands, compared to its average volume of 456,686. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $597.44. The company has a market capitalization of $75.04 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average price is $548.96 and its two-hundred day moving average price is $519.98.

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).