Rinkey Investments Purchases 17,444 Shares of Vanguard Information Technology ETF $VGT

Rinkey Investments raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,935 shares of the exchange traded fund’s stock after purchasing an additional 17,444 shares during the period. Rinkey Investments’ holdings in Vanguard Information Technology ETF were worth $2,383,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VGT. Plancorp LLC boosted its holdings in shares of Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after buying an additional 14 shares in the last quarter. Running Point Capital Advisors LLC lifted its position in Vanguard Information Technology ETF by 0.7% in the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock worth $1,555,000 after buying an additional 15 shares during the last quarter. Moneco Advisors LLC lifted its position in Vanguard Information Technology ETF by 2.2% in the 4th quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock worth $632,000 after buying an additional 18 shares during the last quarter. Finally, TAGStone Capital Inc. lifted its position in Vanguard Information Technology ETF by 1.0% in the 4th quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock worth $1,351,000 after buying an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $120.49 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The stock has a 50 day simple moving average of $116.96 and a two-hundred day simple moving average of $107.19. The firm has a market cap of $147.71 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.