Orographic Financial Advisors LLC Invests $3.93 Million in Vanguard Information Technology ETF $VGT

Orographic Financial Advisors LLC bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,629 shares of the exchange traded fund’s stock, valued at approximately $3,927,000. Vanguard Information Technology ETF makes up approximately 2.8% of Orographic Financial Advisors LLC’s portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $30,000. Wells Financial Advisors INC bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $29,000. RHL Group LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $113.58 on Friday. The stock has a market capitalization of $139.24 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The business’s fifty day moving average is $116.62 and its 200-day moving average is $103.23.

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.