HF Advisory Group LLC Raises Stock Position in Vanguard Information Technology ETF $VGT

HF Advisory Group LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 694.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,056 shares of the exchange traded fund’s stock after purchasing an additional 20,153 shares during the quarter. HF Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $2,756,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VGT. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. Wells Financial Advisors INC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $29,000. RHL Group LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $31,000. Jessup Wealth Management Inc acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Finally, GW&K Investment Management LLC lifted its holdings in Vanguard Information Technology ETF by 100.0% in the fourth quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $121.45 on Friday. The firm has a market capitalization of $148.89 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock has a 50 day moving average of $116.67 and a 200 day moving average of $104.14.

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.