Vanguard Information Technology ETF $VGT Shares Purchased by Brookstone Capital Management

Brookstone Capital Management raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,598 shares of the exchange traded fund’s stock after purchasing an additional 1,423 shares during the period. Brookstone Capital Management’s holdings in Vanguard Information Technology ETF were worth $13,265,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. lifted its position in shares of Vanguard Information Technology ETF by 110.5% during 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 during the last quarter. Strategic Advocates LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $30,000. First Command Advisory Services Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth $31,000. Semmax Financial Advisors Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth $31,000. Finally, Palisade Asset Management LLC purchased a new stake in Vanguard Information Technology ETF in the third quarter valued at $34,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $697.72 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The company has a market capitalization of $104.41 billion, a PE ratio of 34.55 and a beta of 1.25. The company has a fifty day moving average of $731.18 and a two-hundred day moving average of $747.81.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.