Vanguard Information Technology ETF $VGT Stake Lifted by Wheelhouse Advisory Group LLC

Wheelhouse Advisory Group LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,557 shares of the exchange traded fund’s stock after acquiring an additional 709 shares during the quarter. Vanguard Information Technology ETF comprises 7.8% of Wheelhouse Advisory Group LLC’s portfolio, making the stock its 7th biggest position. Wheelhouse Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $17,589,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. China Universal Asset Management Co. Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. bought a new position in Vanguard Information Technology ETF during the second quarter valued at about $31,000. Kilter Group LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $37,000. Rice Partnership LLC acquired a new position in Vanguard Information Technology ETF in the second quarter worth approximately $40,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $40,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $759.35 on Friday. The firm’s 50 day moving average price is $756.35 and its two-hundred day moving average price is $731.20. The stock has a market cap of $113.63 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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.