Provenance Wealth Advisors LLC Purchases 10,758 Shares of Vanguard Information Technology ETF $VGT

Provenance Wealth Advisors LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,758 shares of the exchange traded fund’s stock, valued at approximately $1,352,000.

A number of other hedge funds also recently bought and sold shares of VGT. Bank of America Corp DE grew its position in Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Information Technology ETF by 657.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after buying an additional 4,107,038 shares during the last quarter. HighTower Advisors LLC raised its holdings in Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Information Technology ETF by 817.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after buying an additional 2,967,256 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after buying an additional 2,116,095 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $115.28 on Wednesday. The firm’s 50 day moving average price is $122.36 and its 200-day moving average price is $109.48. The company has a market cap of $141.80 billion, a PE ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $130.66.

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.