Eastern Bank Takes $269,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Eastern Bank acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, Holdings Channel.com reports. The firm acquired 459 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Other large investors also recently modified their holdings of the company. Signaturefd LLC boosted its stake in Vanguard Information Technology ETF by 1.1% during the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 17 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,278 shares of the exchange traded fund’s stock valued at $1,923,000 after acquiring an additional 202 shares in the last quarter. Fortis Group Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Fortis Group Advisors LLC now owns 1,377 shares of the exchange traded fund’s stock valued at $808,000 after acquiring an additional 55 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 18.6% during the third quarter. Foundations Investment Advisors LLC now owns 8,172 shares of the exchange traded fund’s stock worth $4,793,000 after purchasing an additional 1,284 shares in the last quarter. Finally, Monumental Financial Group Inc. increased its position in shares of Vanguard Information Technology ETF by 10.6% in the third quarter. Monumental Financial Group Inc. now owns 53,744 shares of the exchange traded fund’s stock worth $31,522,000 after purchasing an additional 5,131 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $599.12 on Friday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $610.06. The company has a market capitalization of $75.44 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm’s 50 day simple moving average is $577.75 and its 200 day simple moving average is $557.30.

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).