Ledyard National Bank Buys 10,214 Shares of Vanguard Information Technology ETF $VGT

Ledyard National Bank increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 660.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,760 shares of the exchange traded fund’s stock after purchasing an additional 10,214 shares during the quarter. Ledyard National Bank’s holdings in Vanguard Information Technology ETF were worth $1,406,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VGT. Kingdom Financial Group LLC. bought a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares in the last quarter. Wells Financial Advisors INC bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth $29,000. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $31,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $122.56 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a 50-day moving average of $116.58 and a 200 day moving average of $105.11. The firm has a market cap of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.