Retirement Investment Advisors Inc. Buys New Shares in Vanguard Information Technology ETF (NYSEARCA:VGT)

Retirement Investment Advisors Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 394 shares of the exchange traded fund’s stock, valued at approximately $231,000.

Other hedge funds have also added to or reduced their stakes in the company. Wulff Hansen & CO. grew its position in shares of Vanguard Information Technology ETF by 56,640.2% in the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after acquiring an additional 1,504,206 shares during the period. Liberty Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after acquiring an additional 307,580 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard Information Technology ETF by 263.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after buying an additional 123,866 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth about $55,988,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $644.43 on Thursday. The firm has a 50-day moving average of $605.01 and a 200-day moving average of $579.16. The stock has a market cap of $81.15 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $457.79 and a 52-week high of $644.59.

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).