Argonautica Private Wealth Management Inc. Acquires New Stake in Vanguard Information Technology ETF $VGT

Argonautica Private Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 831 shares of the exchange traded fund’s stock, valued at approximately $620,000.

A number of other institutional investors have also recently modified their holdings of VGT. LongView Wealth Management raised its position in shares of Vanguard Information Technology ETF by 3.9% in the 3rd quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock worth $279,000 after purchasing an additional 14 shares during the last quarter. PDS Planning Inc increased its stake in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock valued at $1,043,000 after purchasing an additional 15 shares in the last quarter. Chesapeake Wealth Management raised its holdings in Vanguard Information Technology ETF by 1.0% in the second quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock worth $1,019,000 after buying an additional 15 shares during the last quarter. GAMMA Investing LLC raised its holdings in Vanguard Information Technology ETF by 3.8% in the third quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock worth $309,000 after buying an additional 15 shares during the last quarter. Finally, Lauer Wealth LLC lifted its stake in shares of Vanguard Information Technology ETF by 3.4% in the third quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 1.5%

NYSEARCA:VGT opened at $754.81 on Friday. The stock has a market cap of $112.95 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company’s 50 day moving average price is $758.29 and its 200-day moving average price is $727.32. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.