Monumental Financial Group Inc. Has $20.38 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Monumental Financial Group Inc. boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,858 shares of the exchange traded fund’s stock after acquiring an additional 3,071 shares during the period. Vanguard Information Technology ETF makes up approximately 10.8% of Monumental Financial Group Inc.’s investment portfolio, making the stock its 3rd largest holding. Monumental Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $20,375,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Cooper Financial Group acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth $234,000. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after buying an additional 153 shares during the period. TKG Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $210,000. Traynor Capital Management Inc. raised its position in Vanguard Information Technology ETF by 17.7% in the 1st quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $665,000 after buying an additional 191 shares during the last quarter. Finally, Connectus Wealth LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $224,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT traded down $0.21 during trading hours on Friday, reaching $576.59. 380,444 shares of the stock were exchanged, compared to its average volume of 456,512. The stock has a market cap of $72.60 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $593.10. The firm has a 50 day moving average of $539.46 and a 200 day moving average of $516.14.

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).