Soltis Investment Advisors LLC Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Soltis Investment Advisors LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 360.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,992 shares of the exchange traded fund’s stock after buying an additional 3,909 shares during the period. Soltis Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,928,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF in the third quarter valued at about $30,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $32,000. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF in the third quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $33,000.

Vanguard Information Technology ETF Trading Down 1.5 %

VGT opened at $630.36 on Wednesday. Vanguard Information Technology ETF has a 12-month low of $460.48 and a 12-month high of $646.49. The firm has a market capitalization of $79.37 billion, a PE ratio of 36.30 and a beta of 1.41. The firm has a 50 day moving average of $608.29 and a two-hundred day moving average of $581.59.

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).