Merkkuri Wealth Advisors LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 631.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,469 shares of the exchange traded fund’s stock after acquiring an additional 9,038 shares during the quarter. Vanguard Information Technology ETF makes up approximately 0.8% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 21st largest position. Merkkuri Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,251,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in VGT. Plancorp LLC lifted its stake in shares of Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after purchasing an additional 14 shares during the period. Sand Hill Global Advisors LLC grew its stake in 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 purchasing an additional 14 shares during the period. Running Point Capital Advisors LLC grew its stake in Vanguard Information Technology ETF by 0.7% in 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 purchasing an additional 15 shares during the period. Moneco Advisors LLC grew its stake in Vanguard Information Technology ETF by 2.2% in the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock worth $632,000 after purchasing an additional 18 shares during the period. Finally, TAGStone Capital Inc. raised its holdings in Vanguard Information Technology ETF by 1.0% in the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock worth $1,351,000 after purchasing an additional 18 shares in the last quarter.
Vanguard Information Technology ETF Trading Down 0.8%
Shares of Vanguard Information Technology ETF stock opened at $118.80 on Thursday. The firm has a market capitalization of $145.64 billion, a P/E ratio of 34.55 and a beta of 1.34. The business has a fifty day simple moving average of $116.91 and a two-hundred day simple moving average of $105.69. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.
Vanguard Information Technology ETF Company 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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