Trust Co. of Vermont Purchases Shares of 50,314 Vanguard Information Technology ETF $VGT

Trust Co. of Vermont purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,314 shares of the exchange traded fund’s stock, valued at approximately $6,014,000.

Other hedge funds have also made changes to their positions in the company. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares during the period. Wells Financial Advisors INC purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth about $29,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $118.42 on Friday. The stock has a market capitalization of $145.17 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business has a 50-day moving average of $116.99 and a two-hundred day moving average of $105.96. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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). 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.