Vanguard Information Technology ETF $VGT Stock Position Boosted by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 706.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,840 shares of the exchange traded fund’s stock after acquiring an additional 79,570 shares during the quarter. Vanguard Information Technology ETF comprises approximately 25.1% of FPC Investment Advisory Inc.’s holdings, making the stock its biggest holding. FPC Investment Advisory Inc. owned approximately 0.06% of Vanguard Information Technology ETF worth $63,381,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VGT. Center For Asset Management LLC raised its position in Vanguard Information Technology ETF by 4.4% in the fourth quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 14 shares during the period. Roman Butler Fullerton & Co. boosted its position in shares of Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 14 shares during the period. Plancorp LLC grew its stake in shares of Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after buying an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after buying an additional 14 shares during the period. Finally, Saxony Capital Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.1% during the 4th quarter. Saxony Capital Management LLC now owns 718 shares of the exchange traded fund’s stock valued at $541,000 after buying an additional 15 shares during the period.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $118.08 on Monday. The firm has a market capitalization of $144.76 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.00 and a one year high of $126.00. The stock’s 50 day moving average price is $115.97 and its 200 day moving average price is $101.39.

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). 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.