Vanguard Information Technology ETF $VGT Shares Acquired by Independent Wealth Network Inc.

Independent Wealth Network Inc. boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 768.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,846 shares of the exchange traded fund’s stock after purchasing an additional 5,173 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Information Technology ETF were worth $699,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Folger Nolan Fleming Douglas Capital Management Inc. increased its holdings in Vanguard Information Technology ETF by 690.1% during the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after purchasing an additional 1,203,781 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after buying an additional 899,479 shares during the last quarter. Systematic Alpha Investments LLC grew its position in shares of Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after buying an additional 576,100 shares in the last quarter. Focus Partners Wealth grew its position in shares of Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after buying an additional 571,488 shares in the last quarter. Finally, Spire Wealth Management grew its position in shares of Vanguard Information Technology ETF by 669.8% during the second quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after buying an additional 500,833 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.3%

Shares of NYSEARCA:VGT opened at $122.56 on Friday. The firm has a market cap of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a fifty day simple moving average of $116.58 and a 200 day simple moving average of $105.11. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.

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.