SteelPeak Wealth LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 510.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,085 shares of the exchange traded fund’s stock after acquiring an additional 13,449 shares during the period. SteelPeak Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $11,223,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth $27,000. Wells Financial Advisors INC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Strategic Advocates LLC purchased a new position in Vanguard Information Technology ETF in the third quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Finally, RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $31,000.
Vanguard Information Technology ETF Price Performance
Shares of VGT opened at $114.24 on Friday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock’s 50-day moving average is $116.66 and its two-hundred day moving average is $101.95. The stock has a market cap of $140.05 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.
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