Ausdal Financial Partners Inc. Boosts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ausdal Financial Partners Inc. increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,216 shares of the exchange traded fund’s stock after purchasing an additional 145 shares during the period. Vanguard Information Technology ETF makes up about 0.6% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 29th largest position. Ausdal Financial Partners Inc.’s holdings in Vanguard Information Technology ETF were worth $5,890,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VGT. Glassman Wealth Services increased its holdings in shares of Vanguard Information Technology ETF by 4.7% in the 2nd quarter. Glassman Wealth Services now owns 640 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 29 shares during the last quarter. Arlington Trust Co LLC increased its stake in Vanguard Information Technology ETF by 2.3% during the second quarter. Arlington Trust Co LLC now owns 2,256 shares of the exchange traded fund’s stock worth $1,301,000 after acquiring an additional 50 shares during the last quarter. tru Independence LLC raised its position in Vanguard Information Technology ETF by 1.7% during the second quarter. tru Independence LLC now owns 3,586 shares of the exchange traded fund’s stock valued at $2,068,000 after purchasing an additional 60 shares during the period. Koss Olinger Consulting LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter valued at approximately $648,000. Finally, Caprock Group LLC lifted its stake in shares of Vanguard Information Technology ETF by 10.0% in the 2nd quarter. Caprock Group LLC now owns 7,055 shares of the exchange traded fund’s stock valued at $4,074,000 after purchasing an additional 640 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 2.4 %

Shares of NYSEARCA VGT traded down $13.12 during trading hours on Friday, hitting $533.17. 692,109 shares of the company traded hands, compared to its average volume of 476,653. The company’s 50 day moving average price is $568.26 and its 200 day moving average price is $542.95. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $609.15. The stock has a market capitalization of $67.14 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).