Silicon Valley Capital Partners Purchases 5,843 Shares of Vanguard Information Technology ETF $VGT

Silicon Valley Capital Partners grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 102,529 shares of the exchange traded fund’s stock after buying an additional 5,843 shares during the period. Vanguard Information Technology ETF makes up 7.3% of Silicon Valley Capital Partners’ portfolio, making the stock its 3rd largest position. Silicon Valley Capital Partners owned approximately 0.07% of Vanguard Information Technology ETF worth $55,698,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $30,000. Cordant Inc. bought a new position in Vanguard Information Technology ETF during the 1st quarter worth about $28,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $32,000. Finally, MorganRosel Wealth Management LLC bought a new stake in shares of Vanguard Information Technology ETF in the first quarter valued at about $33,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $714.93 on Thursday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $719.35. The stock’s 50 day moving average price is $689.95 and its two-hundred day moving average price is $616.99. The stock has a market capitalization of $101.48 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).