VSM Wealth Advisory LLC Has $1.50 Million Position in Vanguard Information Technology ETF $VGT

VSM Wealth Advisory LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 709.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,551 shares of the exchange traded fund’s stock after purchasing an additional 11,001 shares during the quarter. VSM Wealth Advisory LLC’s holdings in Vanguard Information Technology ETF were worth $1,500,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC raised its position in Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after acquiring an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Vanguard Information Technology ETF by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after acquiring an additional 305 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after acquiring an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $122.54 on Tuesday. The company has a market cap of $150.22 billion, a PE ratio of 34.55 and a beta of 1.34. The firm has a 50-day moving average of $116.69 and a 200-day moving average of $105.36. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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.