Carnegie Investment Counsel Increases Holdings in Vanguard Information Technology ETF

Carnegie Investment Counsel has recently enhanced its investment in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 5.4% during the fourth quarter of 2024. This information comes from their latest 13F filing with the SEC. The institutional investor now holds a total of 2,269 shares of the ETF after acquiring an additional 117 shares during this period. As of this latest report, Carnegie Investment Counsel's stake in the Vanguard Information Technology ETF is valued at approximately $1,411,000.

In addition to Carnegie Investment Counsel, several other institutional investors have also adjusted their positions in the Vanguard Information Technology ETF. For instance, St. Johns Investment Management Company LLC took a new position in the ETF during the third quarter, valued at around $30,000. Similarly, Peterson Financial Group Inc. also acquired a new stake in the ETF in the same quarter, with an equivalent value of approximately $30,000. Coastline Trust Co and Halpern Financial Inc. also established new holdings in the ETF, valued at about $32,000 and $33,000, respectively. Migdal Insurance & Financial Holdings Ltd. increased its stake by 107.1%, now owning 58 shares valued at $34,000 after acquiring an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Overview

The shares of Vanguard Information Technology ETF began trading at $627.47 on a recent Friday. The ETF has a total market capitalization of $79.01 billion, a price-to-earnings (PE) ratio of 36.30, and a beta of 1.41. Its 50-day simple moving average is noted at $627.16, while its 200-day simple moving average stands at $594.83. Over the past year, the ETF has reached a low of $478.25 and a high of $648.66.

Understanding the Vanguard Information Technology ETF

The Vanguard Information Technology ETF aims to mirror the investment performance of the MSCI US Investable Market Information Technology 25/50 Index. This index serves as a benchmark for large-, mid-, and small-cap stocks within the United States information technology sector as classified under the Global Industry Classification Standard (GICS).

Vanguard, ETF, Investments