717 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Acquired by Avalon Capital Management

Avalon Capital Management bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 717 shares of the exchange traded fund’s stock, valued at approximately $413,000.

A number of other institutional investors have also recently modified their holdings of the stock. Bfsg LLC bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $28,000. Richardson Capital Management LLC purchased a new stake in Vanguard Information Technology ETF in the 1st quarter worth approximately $29,000. Triad Wealth Partners LLC purchased a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $32,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF in the first quarter worth approximately $34,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock traded up $10.25 on Friday, hitting $580.11. 420,260 shares of the stock traded hands, compared to its average volume of 479,440. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15. The firm has a market cap of $73.05 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a 50 day simple moving average of $571.90 and a two-hundred day simple moving average of $538.77.

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).