Vanguard Information Technology ETF $VGT Stake Increased by HCR Wealth Advisors

HCR Wealth Advisors lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 682.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,903 shares of the exchange traded fund’s stock after buying an additional 12,998 shares during the period. HCR Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $1,781,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VGT. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares during the period. Wells Financial Advisors INC purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $29,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $121.60 on Thursday. The company has a 50 day simple moving average of $116.43 and a 200-day simple moving average of $104.78. The firm has a market capitalization of $149.07 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00.

Vanguard Information Technology ETF Company 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.