WMG Financial Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 746.4% in the second quarter, Holdings Channel reports. The firm owned 63,118 shares of the exchange traded fund’s stock after buying an additional 55,661 shares during the period. Vanguard Information Technology ETF accounts for about 2.8% of WMG Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest position. WMG Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $7,544,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Plancorp LLC boosted its stake in Vanguard Information Technology ETF by 0.7% during the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after buying an additional 14 shares in the last quarter. Fortis Capital Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 0.9% in the fourth quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock worth $1,292,000 after buying an additional 15 shares in the last quarter. Running Point Capital Advisors LLC boosted its position in Vanguard Information Technology ETF by 0.7% during the fourth quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock worth $1,555,000 after acquiring an additional 15 shares during the last quarter. Finally, Moneco Advisors LLC boosted its position in Vanguard Information Technology ETF by 2.2% during the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock worth $632,000 after acquiring an additional 18 shares during the last quarter.
Vanguard Information Technology ETF Trading Down 0.0%
Shares of NYSEARCA VGT opened at $122.54 on Tuesday. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The stock has a market cap of $150.22 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50-day moving average of $116.69 and a 200 day moving average of $105.36.
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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