Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 35.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,344 shares of the exchange traded fund’s stock after purchasing an additional 878 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $692,917,000. Beacon Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 189.0% in the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock worth $166,685,000 after acquiring an additional 207,468 shares during the period. Annex Advisory Services LLC grew its holdings in shares of Vanguard Information Technology ETF by 73.1% in the 4th quarter. Annex Advisory Services LLC now owns 188,711 shares of the exchange traded fund’s stock worth $91,337,000 after acquiring an additional 79,719 shares during the period. Gratus Capital LLC grew its holdings in shares of Vanguard Information Technology ETF by 587.1% in the 4th quarter. Gratus Capital LLC now owns 90,337 shares of the exchange traded fund’s stock worth $43,723,000 after acquiring an additional 77,189 shares during the period. Finally, Hollencrest Capital Management grew its holdings in shares of Vanguard Information Technology ETF by 953.0% in the 1st quarter. Hollencrest Capital Management now owns 59,798 shares of the exchange traded fund’s stock worth $31,355,000 after acquiring an additional 54,119 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT stock traded up $6.57 on Friday, reaching $561.56. The company had a trading volume of 473,054 shares, compared to its average volume of 470,184. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The company’s fifty day moving average is $570.34 and its 200 day moving average is $531.19. The company has a market cap of $70.71 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).