Vanguard Information Technology ETF $VGT Stock Position Raised by Redstone Wealth Management LLC

Redstone Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 198,175 shares of the exchange traded fund’s stock after purchasing an additional 4,293 shares during the quarter. Vanguard Information Technology ETF comprises about 15.6% of Redstone Wealth Management LLC’s holdings, making the stock its largest position. Redstone Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $24,905,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 worth $28,000 after buying an additional 194 shares during the period. Owl Creek Wealth Partners LLC raised its holdings in Vanguard Information Technology ETF by 700.0% in the second quarter. Owl Creek Wealth Partners LLC now owns 288 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 252 shares in the last quarter. Financial Network Wealth Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 1,641.2% during the 2nd quarter. Financial Network Wealth Advisors LLC now owns 296 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 279 shares during the last quarter. Mosley Wealth Management lifted its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Mosley Wealth Management now owns 304 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 266 shares during the last quarter. Finally, Atwood & Palmer Inc. lifted its stake in Vanguard Information Technology ETF by 712.5% during the second quarter. Atwood & Palmer Inc. now owns 325 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 285 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $120.20 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $130.66. The company has a market capitalization of $147.85 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a fifty day moving average of $122.50 and a two-hundred day moving average of $115.58.

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.