Canvas Wealth Advisors LLC Purchases 7,148 Shares of Vanguard Information Technology ETF $VGT

Canvas Wealth Advisors LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,168 shares of the exchange traded fund’s stock after buying an additional 7,148 shares during the period. Canvas Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $976,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares during the last quarter. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $29,000. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $120.17 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The firm has a market cap of $147.32 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm has a 50 day moving average price of $116.48 and a 200-day moving average price of $104.59.

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.