Silicon Valley Capital Partners Has $55.30 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Silicon Valley Capital Partners increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 33.3% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 94,290 shares of the exchange traded fund’s stock after purchasing an additional 23,547 shares during the period. Vanguard Information Technology ETF makes up about 7.2% of Silicon Valley Capital Partners’ holdings, making the stock its 5th biggest holding. Silicon Valley Capital Partners’ holdings in Vanguard Information Technology ETF were worth $55,303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VGT. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $32,000. Bell Investment Advisors Inc bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth approximately $33,000. Halpern Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF in the third quarter worth $33,000. Finally, Family Firm Inc. bought a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at $35,000.

Vanguard Information Technology ETF Trading Up 0.6 %

Shares of NYSEARCA:VGT opened at $589.90 on Monday. The company has a 50-day moving average price of $580.74 and a 200-day moving average price of $561.86. The company has a market cap of $74.28 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $425.99 and a 12 month high of $612.05.

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).