Altus Wealth Management LLC Grows Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Altus Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,142 shares of the exchange traded fund’s stock after acquiring an additional 345 shares during the period. Vanguard Information Technology ETF makes up about 0.6% of Altus Wealth Management LLC’s holdings, making the stock its 16th biggest position. Altus Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Beacon Capital Management Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 189.0% during the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after acquiring an additional 207,468 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after purchasing an additional 205,928 shares during the period. Annex Advisory Services LLC raised its holdings in shares of Vanguard Information Technology ETF by 73.1% in the fourth quarter. Annex Advisory Services LLC now owns 188,711 shares of the exchange traded fund’s stock valued at $91,337,000 after acquiring an additional 79,719 shares in the last quarter. Gratus Capital LLC raised its position 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 valued at $43,723,000 after purchasing an additional 77,189 shares during the last quarter. Finally, Hollencrest Capital Management increased its holdings in 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 buying an additional 54,119 shares during the period.

Vanguard Information Technology ETF Trading Up 0.7 %

VGT traded up $3.81 on Monday, hitting $576.52. The company had a trading volume of 264,590 shares, compared to its average volume of 478,772. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The firm has a market cap of $72.60 billion, a P/E ratio of 36.30 and a beta of 1.41. The company’s fifty day moving average price is $570.87 and its 200 day moving average price is $537.15.

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).