Premier Path Wealth Partners LLC Grows Holdings in Vanguard Information Technology ETF $VGT

Premier Path Wealth Partners LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 675.3% in the second quarter, HoldingsChannel reports. The fund owned 23,716 shares of the exchange traded fund’s stock after acquiring an additional 20,657 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $2,835,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VGT. United Community Bank grew its position in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. United Community Bank now owns 6,120 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 5,355 shares during the period. Kickstand Ventures LLC. raised its holdings in Vanguard Information Technology ETF by 701.8% in the 2nd quarter. Kickstand Ventures LLC. now owns 6,286 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 5,502 shares during the period. Concurrent Investment Advisors LLC raised its holdings in Vanguard Information Technology ETF by 766.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 226,984 shares of the exchange traded fund’s stock worth $27,129,000 after purchasing an additional 200,775 shares during the period. Integrity Financial Corp WA boosted its position in Vanguard Information Technology ETF by 692.3% during the second quarter. Integrity Financial Corp WA now owns 6,869 shares of the exchange traded fund’s stock worth $821,000 after purchasing an additional 6,002 shares in the last quarter. Finally, High Net Worth Advisory Group LLC boosted its position in Vanguard Information Technology ETF by 712.0% during the second quarter. High Net Worth Advisory Group LLC now owns 46,038 shares of the exchange traded fund’s stock worth $5,503,000 after purchasing an additional 40,368 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.5%

Shares of VGT opened at $120.88 on Friday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock’s 50 day moving average is $117.20 and its two-hundred day moving average is $107.77. The firm has a market cap of $148.19 billion, a P/E ratio of 34.55 and a beta of 1.35.

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.