Wedmont Private Capital Buys 17,846 Shares of Vanguard Information Technology ETF $VGT

Wedmont Private Capital grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 135,352 shares of the exchange traded fund’s stock after buying an additional 17,846 shares during the period. Wedmont Private Capital’s holdings in Vanguard Information Technology ETF were worth $17,224,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 valued at $28,000 after acquiring an additional 194 shares during the period. Owl Creek Wealth Partners LLC raised its holdings in shares of Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 288 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 252 shares during the period. Financial Network Wealth Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 1,641.2% in the 2nd quarter. Financial Network Wealth Advisors LLC now owns 296 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 279 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $36,000. Finally, Mosley Wealth Management grew its holdings in shares of 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 purchasing an additional 266 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT traded up $0.48 on Friday, reaching $127.73. 1,755,589 shares of the company’s stock were exchanged, compared to its average volume of 4,444,892. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The company’s 50 day moving average is $121.79 and its 200-day moving average is $113.57. The company has a market cap of $156.47 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.