Foundations Investment Advisors LLC Buys 1,284 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Foundations Investment Advisors LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,172 shares of the exchange traded fund’s stock after purchasing an additional 1,284 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,793,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Richardson Capital Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 1st quarter worth $29,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth $32,000. Bell Investment Advisors Inc purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth $33,000. Halpern Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $33,000. Finally, Family Firm Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth $35,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $606.33 on Wednesday. The company’s fifty day simple moving average is $576.93 and its 200-day simple moving average is $557.02. The stock has a market capitalization of $76.35 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $610.06.

Vanguard Information Technology ETF 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).