Avalon Trust Co Has $52,000 Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Avalon Trust Co increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 111.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108 shares of the exchange traded fund’s stock after purchasing an additional 57 shares during the period. Avalon Trust Co’s holdings in Vanguard Information Technology ETF were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VGT. TCG Advisory Services LLC raised its position in shares of Vanguard Information Technology ETF by 11.6% in the fourth quarter. TCG Advisory Services LLC now owns 1,086 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 113 shares during the period. First National Trust Co raised its holdings in Vanguard Information Technology ETF by 2.4% in the 4th quarter. First National Trust Co now owns 2,098 shares of the exchange traded fund’s stock worth $1,015,000 after acquiring an additional 50 shares during the period. Blue Fin Capital Inc. lifted its position in Vanguard Information Technology ETF by 2.5% during the 4th quarter. Blue Fin Capital Inc. now owns 1,211 shares of the exchange traded fund’s stock worth $586,000 after acquiring an additional 30 shares during the last quarter. Sapient Capital LLC acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth $368,000. Finally, W Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 11.5% in the fourth quarter. W Advisors LLC now owns 2,420 shares of the exchange traded fund’s stock valued at $1,171,000 after purchasing an additional 250 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT traded up $13.40 during trading hours on Friday, hitting $509.46. 438,581 shares of the company’s stock were exchanged, compared to its average volume of 486,565. The company’s 50-day moving average price is $514.01 and its 200-day moving average price is $486.59. Vanguard Information Technology ETF has a 1-year low of $374.85 and a 1-year high of $536.63. The stock has a market capitalization of $64.15 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).