Fountainhead AM LLC Buys 303 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Fountainhead AM LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 20.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,813 shares of the exchange traded fund’s stock after purchasing an additional 303 shares during the quarter. Fountainhead AM LLC’s holdings in Vanguard Information Technology ETF were worth $878,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. OLD Second National Bank of Aurora purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at about $29,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $36,000. Horizons Wealth Management purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $37,000. Northwest Capital Management Inc raised its position in Vanguard Information Technology ETF by 97.6% during the fourth quarter. Northwest Capital Management Inc now owns 81 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 40 shares in the last quarter. Finally, Aspire Private Capital LLC purchased a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $37,000.

Vanguard Information Technology ETF Trading Up 1.6 %

VGT traded up $7.99 during trading on Tuesday, hitting $494.45. The company’s stock had a trading volume of 518,801 shares, compared to its average volume of 495,292. Vanguard Information Technology ETF has a twelve month low of $368.39 and a twelve month high of $536.63. The business’s fifty day simple moving average is $515.73 and its 200 day simple moving average is $482.51. The firm has a market capitalization of $62.26 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37.

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).