Kellett Wealth Advisors LLC Raises Stock Position in Vanguard Information Technology ETF $VGT

Kellett Wealth Advisors LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,854 shares of the exchange traded fund’s stock after buying an additional 21 shares during the period. Vanguard Information Technology ETF makes up approximately 0.8% of Kellett Wealth Advisors LLC’s holdings, making the stock its 23rd largest holding. Kellett Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,230,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VGT. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Information Technology ETF in the second quarter valued at about $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Information Technology ETF in the second quarter valued at about $454,530,000. JPMorgan Chase & Co. increased its holdings in Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after buying an additional 359,822 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Vanguard Information Technology ETF by 210.4% in the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after buying an additional 59,877 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its holdings in Vanguard Information Technology ETF by 348.1% in the first quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after buying an additional 56,819 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $755.49 on Tuesday. The company’s 50 day simple moving average is $718.56 and its 200-day simple moving average is $645.16. The firm has a market capitalization of $111.77 billion, a PE ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $771.58.

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).