Vanguard Information Technology ETF $VGT Shares Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 29.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,503 shares of the exchange traded fund’s stock after purchasing an additional 1,037 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $3,362,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VGT. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 1.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock valued at $4,107,085,000 after acquiring an additional 66,303 shares during the period. Laurel Wealth Advisors LLC raised its position in Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after purchasing an additional 1,486,367 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in Vanguard Information Technology ETF during the second quarter worth $773,405,000. Raymond James Financial Inc. lifted its stake in Vanguard Information Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock worth $557,140,000 after purchasing an additional 51,543 shares in the last quarter. Finally, PGIM Custom Harvest LLC boosted its position in shares of Vanguard Information Technology ETF by 48.7% during the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock worth $518,297,000 after buying an additional 255,787 shares during the period.

Vanguard Information Technology ETF Trading Down 0.9%

VGT stock opened at $753.78 on Friday. The business’s fifty day moving average price is $761.29 and its 200 day moving average price is $722.83. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The company has a market capitalization of $111.52 billion, a PE ratio of 34.55 and a beta of 1.25.

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.