Define Financial LLC Invests $282,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Define Financial LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 453 shares of the exchange traded fund’s stock, valued at approximately $282,000. Vanguard Information Technology ETF accounts for about 0.2% of Define Financial LLC’s investment portfolio, making the stock its 24th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. Pines Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $1,069,000. SeaCrest Wealth Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 4.0% in the fourth quarter. SeaCrest Wealth Management LLC now owns 7,454 shares of the exchange traded fund’s stock valued at $4,635,000 after purchasing an additional 289 shares in the last quarter. Accurate Wealth Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 15.5% in the fourth quarter. Accurate Wealth Management LLC now owns 1,005 shares of the exchange traded fund’s stock valued at $617,000 after purchasing an additional 135 shares in the last quarter. Sovereign Financial Group Inc. boosted its position in shares of Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after buying an additional 17 shares during the last quarter. Finally, Henrickson Nauta Wealth Advisors Inc. grew its holdings in Vanguard Information Technology ETF by 26.5% during the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 779 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 163 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.2 %

NYSEARCA VGT opened at $609.87 on Wednesday. The firm has a market capitalization of $76.79 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a fifty day simple moving average of $627.02 and a 200 day simple moving average of $594.15. Vanguard Information Technology ETF has a 12 month low of $473.89 and a 12 month high of $648.66.

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).