Westside Investment Management Inc. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 700.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,688 shares of the exchange traded fund’s stock after buying an additional 4,977 shares during the period. Westside Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $680,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in VGT. Plancorp LLC grew its position in shares of 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 valued at $1,582,000 after acquiring an additional 14 shares during the period. Sand Hill Global Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 2.9% in the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after purchasing an additional 14 shares in the last quarter. Running Point Capital Advisors LLC raised its holdings in Vanguard Information Technology ETF by 0.7% in the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock worth $1,555,000 after purchasing an additional 15 shares during the period. Moneco Advisors LLC lifted 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 valued at $632,000 after purchasing an additional 18 shares in the last quarter. Finally, TAGStone Capital Inc. lifted its position in Vanguard Information Technology ETF by 1.0% during the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock valued at $1,351,000 after purchasing an additional 18 shares in the last quarter.
Vanguard Information Technology ETF Stock Down 0.8%
Shares of VGT opened at $118.80 on Thursday. The business has a 50-day simple moving average of $116.91 and a two-hundred day simple moving average of $105.69. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock has a market cap of $145.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.
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). 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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