Ritholtz Wealth Management Grows Holdings in Vanguard Information Technology ETF $VGT

Ritholtz Wealth Management raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,052 shares of the exchange traded fund’s stock after purchasing an additional 30 shares during the period. Ritholtz Wealth Management’s holdings in Vanguard Information Technology ETF were worth $1,361,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. Cordant Inc. purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $28,000. Smallwood Wealth Investment Management LLC purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $32,000. MorganRosel Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 1st quarter worth about $33,000. Finally, BankPlus Trust Department lifted its holdings in shares of Vanguard Information Technology ETF by 169.2% during the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 44 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $752.16 on Friday. The firm has a market cap of $111.28 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $771.58. The firm’s 50-day simple moving average is $723.23 and its 200-day simple moving average is $649.45.

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).