Magnolia Capital Advisors LLC Purchases Shares of 504 Vanguard Information Technology ETF (NYSEARCA:VGT)

Magnolia Capital Advisors LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, HoldingsChannel reports. The firm bought 504 shares of the exchange traded fund’s stock, valued at approximately $291,000.

A number of other institutional investors also recently modified their holdings of the company. Heritage Wealth Partners LLC boosted its holdings in shares of Vanguard Information Technology ETF by 4.3% during the second quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 19 shares during the period. Embree Financial Group lifted its holdings in Vanguard Information Technology ETF by 0.9% in the second quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock worth $1,331,000 after buying an additional 20 shares during the period. GAMMA Investing LLC lifted its holdings in Vanguard Information Technology ETF by 15.0% in the second quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 21 shares during the period. Cooper Financial Group lifted its holdings in Vanguard Information Technology ETF by 3.8% in the second quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 21 shares during the period. Finally, Slagle Financial LLC lifted its holdings in Vanguard Information Technology ETF by 5.1% in the second quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 21 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $586.52 on Tuesday. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $609.15. The company has a 50-day simple moving average of $561.48 and a two-hundred day simple moving average of $548.97. The firm has a market capitalization of $73.85 billion, a PE ratio of 36.30 and a beta of 1.41.

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).