Tennessee Valley Asset Management Partners Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Tennessee Valley Asset Management Partners acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 352 shares of the exchange traded fund’s stock, valued at approximately $171,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VGT. Financial Counselors Inc. lifted its position in shares of Vanguard Information Technology ETF by 0.5% during the 4th quarter. Financial Counselors Inc. now owns 4,078 shares of the exchange traded fund’s stock valued at $1,974,000 after buying an additional 20 shares during the last quarter. Salem Investment Counselors Inc. lifted its position in shares of Vanguard Information Technology ETF by 7.6% during the 4th quarter. Salem Investment Counselors Inc. now owns 327 shares of the exchange traded fund’s stock valued at $158,000 after buying an additional 23 shares during the last quarter. Grey Fox Wealth Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 3.7% during the 4th quarter. Grey Fox Wealth Advisors LLC now owns 644 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 23 shares during the last quarter. Octavia Wealth Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 619 shares of the exchange traded fund’s stock valued at $257,000 after buying an additional 25 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its stake in shares of Vanguard Information Technology ETF by 9.2% during the 4th quarter. Pinnacle Bancorp Inc. now owns 296 shares of the exchange traded fund’s stock valued at $143,000 after purchasing an additional 25 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $485.80 on Tuesday. Vanguard Information Technology ETF has a 52-week low of $368.39 and a 52-week high of $536.63. The firm has a market cap of $61.17 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. The business’s fifty day moving average is $516.00 and its 200 day moving average is $482.02.

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).