Sims Investment Management LLC Purchases 31 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Sims Investment Management LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 735 shares of the exchange traded fund’s stock after purchasing an additional 31 shares during the quarter. Sims Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $399,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in VGT. Zions Bancorporation N.A. raised its stake in Vanguard Information Technology ETF by 150.0% during the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Crowley Wealth Management Inc. bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Cordant Inc. acquired a new position in shares of Vanguard Information Technology ETF during the first quarter valued at about $28,000. Copia Wealth Management acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $30,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $31,000.

Vanguard Information Technology ETF Stock Down 0.1%

VGT stock opened at $656.54 on Friday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $661.00. The company has a market cap of $92.66 billion, a PE ratio of 34.55 and a beta of 1.16. The business’s 50-day simple moving average is $599.18 and its 200 day simple moving average is $595.55.

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).