Sovereign Financial Group Inc. Has $1.25 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Sovereign Financial Group Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,015 shares of the exchange traded fund’s stock after purchasing an additional 17 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,253,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Henrickson Nauta Wealth Advisors Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 26.5% during the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 779 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 163 shares during the period. Fiduciary Financial Group LLC acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth $224,000. Mayfair Advisory Group LLC boosted its holdings in Vanguard Information Technology ETF by 3.8% during the fourth quarter. Mayfair Advisory Group LLC now owns 705 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 26 shares during the period. Affinity Capital Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 9.9% in the fourth quarter. Affinity Capital Advisors LLC now owns 1,304 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 117 shares during the last quarter. Finally, Ignite Planners LLC increased its stake in shares of Vanguard Information Technology ETF by 17.5% in the fourth quarter. Ignite Planners LLC now owns 7,478 shares of the exchange traded fund’s stock worth $4,733,000 after purchasing an additional 1,116 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $609.87 on Wednesday. The stock has a 50-day simple moving average of $627.02 and a 200 day simple moving average of $594.15. Vanguard Information Technology ETF has a twelve month low of $473.89 and a twelve month high of $648.66. The stock has a market capitalization of $76.79 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).