NRI Wealth Management LC Grows Stock Position in Vanguard Information Technology ETF $VGT

NRI Wealth Management LC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,735 shares of the exchange traded fund’s stock after purchasing an additional 843 shares during the quarter. Vanguard Information Technology ETF accounts for about 9.5% of NRI Wealth Management LC’s investment portfolio, making the stock its 3rd largest position. NRI Wealth Management LC’s holdings in Vanguard Information Technology ETF were worth $15,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cordant Inc. purchased a new stake in Vanguard Information Technology ETF in the 1st quarter worth $28,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF in the first quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $32,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $33,000. Finally, BankPlus Trust Department raised its stake in Vanguard Information Technology ETF by 169.2% during the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 44 shares during the period.

Vanguard Information Technology ETF Trading Up 0.8%

NYSEARCA VGT opened at $752.52 on Thursday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $753.59. The stock has a market cap of $106.82 billion, a PE ratio of 34.55 and a beta of 1.16. The stock’s 50 day moving average is $707.63 and its 200 day moving average is $633.34.

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).