Vanguard Information Technology ETF $VGT Stake Raised by MOKAN Wealth Management Inc.

MOKAN Wealth Management Inc. raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 598.9% in the second quarter, Holdings Channel.com reports. The fund owned 6,360 shares of the exchange traded fund’s stock after acquiring an additional 5,450 shares during the period. MOKAN Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $760,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares in the last quarter. Wells Financial Advisors INC bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $29,000. RHL Group LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $118.80 on Thursday. The company has a market capitalization of $145.64 billion, a PE ratio of 34.55 and a beta of 1.34. The stock has a fifty day moving average of $116.91 and a 200-day moving average of $105.69. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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). 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.