Vanguard Information Technology ETF $VGT Shares Purchased by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,144 shares of the exchange traded fund’s stock after purchasing an additional 796 shares during the quarter. Vanguard Information Technology ETF accounts for 7.9% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 3rd biggest holding. Armstrong Advisory Group Inc.’s holdings in Vanguard Information Technology ETF were worth $111,355,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. China Universal Asset Management Co. Ltd. lifted its position in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares in the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $31,000. Kilter Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $37,000. Sawyer & Company Inc bought a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $38,000. Finally, Rice Partnership LLC acquired a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $40,000.

Vanguard Information Technology ETF Stock Down 2.2%

NYSEARCA:VGT opened at $730.42 on Thursday. The company’s 50 day moving average is $760.20 and its 200-day moving average is $713.18. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The firm has a market cap of $108.07 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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).