Lido Advisors LLC Buys 39,948 Shares of Vanguard Information Technology ETF $VGT

Lido Advisors LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 128,329 shares of the exchange traded fund’s stock after buying an additional 39,948 shares during the period. Lido Advisors LLC owned about 0.09% of Vanguard Information Technology ETF worth $95,816,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VGT. China Universal Asset Management Co. Ltd. increased its stake in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the last quarter. First Command Advisory Services Inc. purchased a new position in Vanguard Information Technology ETF in the third quarter valued at approximately $31,000. Semmax Financial Advisors Inc. purchased a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $31,000. Kilter Group LLC bought a new position in Vanguard Information Technology ETF during the second quarter valued at $37,000. Finally, Delos Wealth Advisors LLC bought a new position in Vanguard Information Technology ETF during the third quarter valued at $37,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $714.44 on Monday. The company has a market capitalization of $106.91 billion, a P/E ratio of 34.55 and a beta of 1.25. The business has a fifty day simple moving average of $743.59 and a two-hundred day simple moving average of $747.51. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.