Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,268 shares of the exchange traded fund’s stock after buying an additional 191 shares during the period. Traynor Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of VGT. Bfsg LLC purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $27,000. Signature Resources Capital Management LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $28,000. OLD Second National Bank of Aurora purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Opal Wealth Advisors LLC purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at $34,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $36,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $567.02 on Tuesday. The firm has a market capitalization of $71.40 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $593.10. The company’s fifty day moving average is $532.86 and its two-hundred day moving average is $513.78.

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).