Should You Buy This Vanguard Fund That's Soared 136% Over 3 Years Before April 17?
Technology stocks and funds have skyrocketed in recent years as investors rushed to get in on the next big revolution: artificial intelligence (AI). Like the internet or the printing press, AI may enter history books as one of the biggest transformations in the world of technology. And companies and investors involved in the early stages may score a major win.
This idea has sparked investor interest in tech stocks and funds, driving them to highs. And one of these winning assets has been the Vanguard Information Technology ETF (NYSEMKT: VGT). Over the past three calendar years, this exchange-traded fund has soared 136%. Since the start of this year, it's slipped about 6%, but at about $700 a share, it remains close to its peak price of more than $750.
In a couple of weeks, the fund's managers will do something that will drastically change the price of this hot ETF. With this in mind, should you buy shares before the key date of April 17? Let's find out.
Source Fool.com
