Vanguard Information Technology ETF $VGT is Optimum Investment Advisors’ 5th Largest Position

Optimum Investment Advisors grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,770 shares of the exchange traded fund’s stock after buying an additional 217 shares during the quarter. Vanguard Information Technology ETF accounts for 2.8% of Optimum Investment Advisors’ holdings, making the stock its 5th largest holding. Optimum Investment Advisors’ holdings in Vanguard Information Technology ETF were worth $6,480,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VGT. PDS Planning Inc lifted its stake in shares of Vanguard Information Technology ETF by 1.0% during the 2nd quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after purchasing an additional 15 shares during the last quarter. Chesapeake Wealth Management lifted its stake in shares of Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock worth $1,019,000 after purchasing an additional 15 shares during the last quarter. Anfield Capital Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 10.6% during the 1st quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 17 shares during the last quarter. National Wealth Management Group LLC lifted its stake in shares of Vanguard Information Technology ETF by 0.4% during the 1st quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock worth $2,215,000 after purchasing an additional 17 shares during the last quarter. Finally, RCS Financial Planning LLC lifted its stake in shares of Vanguard Information Technology ETF by 3.1% during the 2nd quarter. RCS Financial Planning LLC now owns 569 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 17 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $774.14 on Friday. The stock has a market capitalization of $114.53 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $776.40. The business has a fifty day moving average price of $729.21 and a 200 day moving average price of $659.86.

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).