1,905 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Bought by Fonville Wealth Management LLC

Fonville Wealth Management LLC acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,905 shares of the exchange traded fund’s stock, valued at approximately $922,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Capital Advisors Group LLC. bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $25,000. OLD Second National Bank of Aurora bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $29,000. Tower Research Capital LLC TRC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $34,000. Finally, Aspire Private Capital LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $37,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT traded down $4.73 during midday trading on Thursday, hitting $492.96. 539,232 shares of the company traded hands, compared to its average volume of 478,928. The firm has a 50 day moving average of $517.90 and a 200-day moving average of $480.06. The stock has a market cap of $62.07 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 52 week low of $368.39 and a 52 week high of $536.63.

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).