Alexander Labrunerie & CO. Inc. Has $11.88 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Alexander Labrunerie & CO. Inc. increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.7% during the 4th quarter, HoldingsChannel reports. The firm owned 19,108 shares of the exchange traded fund’s stock after acquiring an additional 137 shares during the period. Vanguard Information Technology ETF comprises 5.3% of Alexander Labrunerie & CO. Inc.’s holdings, making the stock its 3rd largest position. Alexander Labrunerie & CO. Inc.’s holdings in Vanguard Information Technology ETF were worth $11,881,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at $30,000. Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares during the period.

Vanguard Information Technology ETF Trading Up 1.3 %

VGT opened at $616.00 on Wednesday. The stock has a fifty day moving average price of $629.37 and a 200 day moving average price of $597.22. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The stock has a market cap of $77.57 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).