Moss Adams Wealth Advisors LLC Invests $675,000 in Vanguard Information Technology ETF $VGT

Moss Adams Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 904 shares of the exchange traded fund’s stock, valued at approximately $675,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of VGT. LongView Wealth Management grew its position in shares of Vanguard Information Technology ETF by 3.9% during the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 14 shares in the last quarter. PDS Planning Inc lifted its position in shares of Vanguard Information Technology ETF by 1.0% in the second quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after buying an additional 15 shares in the last quarter. Chesapeake Wealth Management boosted its stake in Vanguard Information Technology ETF by 1.0% during the second quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock valued at $1,019,000 after buying an additional 15 shares during the last quarter. GAMMA Investing LLC grew its holdings in Vanguard Information Technology ETF by 3.8% during the 3rd quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 15 shares in the last quarter. Finally, Lauer Wealth LLC grew its holdings in Vanguard Information Technology ETF by 3.4% during the 3rd quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $755.98 on Friday. The stock has a market capitalization of $111.85 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The business’s 50 day simple moving average is $760.93 and its 200-day simple moving average is $724.34.

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.