Tanager Wealth Management LLP Acquires Shares of 498 Vanguard Information Technology ETF (NYSEARCA:VGT)

Tanager Wealth Management LLP acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 498 shares of the exchange traded fund’s stock, valued at approximately $241,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Zhang Financial LLC boosted its position in shares of Vanguard Information Technology ETF by 1.7% in the 4th quarter. Zhang Financial LLC now owns 3,852 shares of the exchange traded fund’s stock worth $1,864,000 after purchasing an additional 66 shares in the last quarter. Cutler Investment Counsel LLC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $1,071,000. Wheelhouse Advisory Group LLC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $8,578,000. HTLF Bank bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $670,000. Finally, Kellett Wealth Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 35.7% in the 4th quarter. Kellett Wealth Advisors LLC now owns 3,283 shares of the exchange traded fund’s stock worth $1,589,000 after purchasing an additional 864 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.7 %

VGT stock traded down $13.09 during midday trading on Friday, hitting $479.88. The company’s stock had a trading volume of 1,135,272 shares, compared to its average volume of 487,566. The company has a market cap of $60.43 billion, a PE ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 12 month low of $368.39 and a 12 month high of $536.63. The firm’s 50-day moving average is $517.48 and its 200-day moving average is $480.15.

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).