Cedrus LLC Invests $255,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cedrus LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 435 shares of the exchange traded fund’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VGT. Cadent Capital Advisors LLC increased its position in Vanguard Information Technology ETF by 9.6% during the third quarter. Cadent Capital Advisors LLC now owns 2,674 shares of the exchange traded fund’s stock valued at $1,568,000 after acquiring an additional 235 shares during the last quarter. E&G Advisors LP boosted its stake in shares of Vanguard Information Technology ETF by 3.0% during the 3rd quarter. E&G Advisors LP now owns 11,793 shares of the exchange traded fund’s stock worth $6,917,000 after purchasing an additional 338 shares during the period. AA Financial Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $230,000. Chicago Capital LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $267,000. Finally, Cahaba Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF in the 3rd quarter worth about $301,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $603.56 on Monday. The firm has a market capitalization of $76.00 billion, a PE ratio of 36.30 and a beta of 1.41. The business has a 50 day simple moving average of $574.51 and a two-hundred day simple moving average of $555.74. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $610.06.

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).