Vanguard Information Technology ETF $VGT Stock Position Increased by Thryve Wealth Management LLC

Thryve Wealth Management LLC boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 135,693 shares of the exchange traded fund’s stock after acquiring an additional 16,767 shares during the period. Vanguard Information Technology ETF accounts for about 9.5% of Thryve Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Thryve Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $17,053,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Wedmont Private Capital raised its position in Vanguard Information Technology ETF by 15.2% in the third quarter. Wedmont Private Capital now owns 135,352 shares of the exchange traded fund’s stock valued at $17,224,000 after purchasing an additional 17,846 shares during the period. O Keefe Stevens Advisory Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $380,000. Inspirion Wealth Advisors LLC raised its holdings in Vanguard Information Technology ETF by 6.7% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 13,207 shares of the exchange traded fund’s stock valued at $1,660,000 after buying an additional 834 shares during the period. LifeGoal Investments LLC acquired a new position in Vanguard Information Technology ETF in the third quarter valued at about $312,000. Finally, Go Invest LLC acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at about $9,092,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock traded up $0.73 during trading hours on Friday, hitting $127.98. The company had a trading volume of 3,044,458 shares, compared to its average volume of 4,451,884. The stock has a market capitalization of $156.77 billion, a PE ratio of 34.55 and a beta of 1.34. The company’s fifty day moving average is $122.08 and its 200 day moving average is $113.67. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66.

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.