Kwmg LLC Raises Position in Vanguard Information Technology ETF $VGT

Kwmg LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 713.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 188,807 shares of the exchange traded fund’s stock after purchasing an additional 165,589 shares during the period. Vanguard Information Technology ETF makes up about 1.6% of Kwmg LLC’s portfolio, making the stock its 20th biggest position. Kwmg LLC’s holdings in Vanguard Information Technology ETF were worth $22,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Teamwork Financial Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $258,000. TrueWealth Advisors LLC raised its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. TrueWealth Advisors LLC now owns 4,192 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 3,668 shares during the period. OFS Enterprise LLC bought a new stake in Vanguard Information Technology ETF in the second quarter worth $322,000. Cooper Financial Group lifted its position in Vanguard Information Technology ETF by 724.0% in the second quarter. Cooper Financial Group now owns 3,667 shares of the exchange traded fund’s stock worth $438,000 after buying an additional 3,222 shares during the last quarter. Finally, Praetorian Wealth Management Inc. lifted its position in Vanguard Information Technology ETF by 690.3% in the second quarter. Praetorian Wealth Management Inc. now owns 169,610 shares of the exchange traded fund’s stock worth $20,272,000 after buying an additional 148,148 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.5%

NYSEARCA VGT opened at $121.45 on Friday. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a market capitalization of $148.89 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The company has a fifty day moving average of $116.67 and a two-hundred day moving average of $104.14.

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.