Twin Capital Management Inc. Acquires New Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Twin Capital Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 460 shares of the exchange traded fund’s stock, valued at approximately $223,000.

Several other institutional investors also recently bought and sold shares of VGT. Fairfield Bush & CO. purchased a new position in Vanguard Information Technology ETF during the first quarter valued at approximately $84,000. AMI Investment Management Inc. increased its holdings in Vanguard Information Technology ETF by 5.9% during the first quarter. AMI Investment Management Inc. now owns 47,612 shares of the exchange traded fund’s stock valued at $19,829,000 after buying an additional 2,662 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Vanguard Information Technology ETF by 40.4% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 650 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 187 shares during the period. Prudential Financial Inc. increased its holdings in Vanguard Information Technology ETF by 24.8% during the first quarter. Prudential Financial Inc. now owns 180,462 shares of the exchange traded fund’s stock valued at $75,159,000 after buying an additional 35,906 shares during the period. Finally, Laurel Wealth Advisors Inc. increased its holdings in Vanguard Information Technology ETF by 5.9% during the first quarter. Laurel Wealth Advisors Inc. now owns 5,085 shares of the exchange traded fund’s stock valued at $2,118,000 after buying an additional 283 shares during the period.

Vanguard Information Technology ETF Stock Down 2.7 %

Shares of VGT stock opened at $479.88 on Friday. The firm has a market cap of $60.43 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. The company’s 50 day moving average is $516.65 and its 200 day moving average is $480.57. 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).