Pure Financial Advisors LLC Increases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Pure Financial Advisors LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,058 shares of the exchange traded fund’s stock after purchasing an additional 243 shares during the period. Pure Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,280,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Coastline Trust Co bought a new position in Vanguard Information Technology ETF in the third quarter worth approximately $32,000. Finally, Halpern Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $33,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $632.60 on Wednesday. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.66. The business has a fifty day moving average price of $627.27 and a 200-day moving average price of $595.15. The firm has a market capitalization of $79.66 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).