Cardinal Point Capital Management ULC Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cardinal Point Capital Management ULC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 448.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,621 shares of the exchange traded fund’s stock after buying an additional 5,413 shares during the quarter. Vanguard Information Technology ETF accounts for 0.7% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its 19th largest holding. Cardinal Point Capital Management ULC’s holdings in Vanguard Information Technology ETF were worth $4,117,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Signal Advisors Wealth LLC raised its holdings in shares of Vanguard Information Technology ETF by 7.4% in the fourth quarter. Signal Advisors Wealth LLC now owns 1,780 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 122 shares during the last quarter. Shira Ridge Wealth Management grew its position in Vanguard Information Technology ETF by 0.7% in the 4th quarter. Shira Ridge Wealth Management now owns 5,778 shares of the exchange traded fund’s stock worth $3,593,000 after purchasing an additional 41 shares in the last quarter. PSI Advisors LLC grew its position in Vanguard Information Technology ETF by 23.3% in the 4th quarter. PSI Advisors LLC now owns 302 shares of the exchange traded fund’s stock worth $188,000 after purchasing an additional 57 shares in the last quarter. First Financial Corp IN increased its stake in Vanguard Information Technology ETF by 2.2% in the 4th quarter. First Financial Corp IN now owns 18,479 shares of the exchange traded fund’s stock valued at $11,490,000 after buying an additional 400 shares during the last quarter. Finally, Tsfg LLC lifted its position in shares of Vanguard Information Technology ETF by 0.5% during the 4th quarter. Tsfg LLC now owns 4,265 shares of the exchange traded fund’s stock worth $2,652,000 after buying an additional 21 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.8 %

VGT stock opened at $608.42 on Tuesday. The firm has a market cap of $76.61 billion, a PE ratio of 36.30 and a beta of 1.41. The business has a 50 day moving average of $626.72 and a 200-day moving average of $593.91. Vanguard Information Technology ETF has a 12-month low of $473.89 and a 12-month high of $648.66.

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).