Integrated Wealth Concepts LLC Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Integrated Wealth Concepts LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 24,289 shares of the exchange traded fund’s stock after acquiring an additional 889 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Vanguard Information Technology ETF were worth $14,246,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter worth $30,000. Triad Wealth Partners LLC purchased a new position in Vanguard Information Technology ETF in the second quarter worth $32,000. Coastline Trust Co bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at $32,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $33,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $631.63 on Wednesday. The company has a market capitalization of $79.53 billion, a P/E ratio of 36.30 and a beta of 1.41. The company’s 50-day moving average is $603.79 and its 200 day moving average is $578.70. Vanguard Information Technology ETF has a fifty-two week low of $454.77 and a fifty-two week high of $631.81.

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).