Bordeaux Wealth Advisors LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bordeaux Wealth Advisors LLC bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 652 shares of the exchange traded fund’s stock, valued at approximately $316,000.

Several other institutional investors also recently made changes to their positions in the stock. Cooper Financial Group acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $234,000. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Vanguard Information Technology ETF by 19.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after buying an additional 153 shares in the last quarter. Ritholtz Wealth Management grew its stake in Vanguard Information Technology ETF by 2.7% in the 4th quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after acquiring an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in Vanguard Information Technology ETF by 23.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after acquiring an additional 584 shares in the last quarter. Finally, Altfest L J & Co. Inc. acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $243,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT traded up $13.35 on Friday, hitting $509.41. The company’s stock had a trading volume of 438,533 shares, compared to its average volume of 486,565. The stock has a 50 day moving average of $514.09 and a 200-day moving average of $485.14. The company has a market capitalization of $64.14 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $374.85 and a 12-month 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).