Praetorian Wealth Management Inc. Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Praetorian Wealth Management Inc. increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 18,740 shares of the exchange traded fund’s stock after purchasing an additional 1,732 shares during the quarter. Vanguard Information Technology ETF makes up about 2.6% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 11th largest position. Praetorian Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $9,826,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VGT. Wedmont Private Capital raised its position in Vanguard Information Technology ETF by 24.8% during the first quarter. Wedmont Private Capital now owns 7,362 shares of the exchange traded fund’s stock worth $3,820,000 after acquiring an additional 1,463 shares during the last quarter. Thomasville National Bank raised its position in shares of Vanguard Information Technology ETF by 0.5% during the 1st quarter. Thomasville National Bank now owns 5,234 shares of the exchange traded fund’s stock worth $2,744,000 after purchasing an additional 25 shares during the last quarter. Signal Advisors Wealth LLC lifted its stake in Vanguard Information Technology ETF by 31.5% in the 1st quarter. Signal Advisors Wealth LLC now owns 1,018 shares of the exchange traded fund’s stock valued at $534,000 after buying an additional 244 shares in the last quarter. Safeguard Financial LLC grew its holdings in Vanguard Information Technology ETF by 5.3% during the 1st quarter. Safeguard Financial LLC now owns 1,899 shares of the exchange traded fund’s stock valued at $996,000 after buying an additional 95 shares during the last quarter. Finally, New Hampshire Trust purchased a new position in Vanguard Information Technology ETF during the first quarter worth $216,000.

Vanguard Information Technology ETF Trading Down 0.5 %

Shares of NYSEARCA:VGT traded down $3.15 on Friday, hitting $577.60. The company had a trading volume of 438,602 shares, compared to its average volume of 456,169. The company has a market cap of $72.73 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $593.10. The business has a 50 day moving average of $530.36 and a 200 day moving average of $511.50.

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).