Vanguard Information Technology ETF $VGT Shares Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 829.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,732 shares of the exchange traded fund’s stock after buying an additional 90,784 shares during the quarter. Vanguard Information Technology ETF comprises about 1.3% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Diversify Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $70,980,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel raised its holdings in shares of Vanguard Information Technology ETF by 31.6% in the 1st quarter. Carnegie Investment Counsel now owns 3,173 shares of the exchange traded fund’s stock worth $2,214,000 after purchasing an additional 762 shares during the period. Kaizen Financial Strategies purchased a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $188,000. Fifth Third Bancorp lifted its position in Vanguard Information Technology ETF by 143.1% during the first quarter. Fifth Third Bancorp now owns 118,764 shares of the exchange traded fund’s stock valued at $82,864,000 after buying an additional 69,911 shares in the last quarter. Sovran Advisors LLC grew its stake in Vanguard Information Technology ETF by 731.5% during the first quarter. Sovran Advisors LLC now owns 28,961 shares of the exchange traded fund’s stock worth $20,207,000 after buying an additional 25,478 shares during the period. Finally, Summa Corp. increased its position in shares of Vanguard Information Technology ETF by 39.7% in the first quarter. Summa Corp. now owns 482 shares of the exchange traded fund’s stock worth $336,000 after acquiring an additional 137 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock traded up $0.37 during trading on Friday, reaching $118.08. 3,827,990 shares of the company’s stock were exchanged, compared to its average volume of 4,656,782. Vanguard Information Technology ETF has a 52-week low of $83.00 and a 52-week high of $126.00. The firm has a market cap of $144.76 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The company’s 50-day moving average is $115.97 and its two-hundred day moving average is $101.34.

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.