Tucker Asset Management LLC Grows Position in Vanguard Information Technology ETF $VGT

Tucker Asset Management LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 718.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,539 shares of the exchange traded fund’s stock after acquiring an additional 22,420 shares during the quarter. Vanguard Information Technology ETF accounts for 0.8% of Tucker Asset Management LLC’s portfolio, making the stock its 20th biggest holding. Tucker Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $3,052,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VGT. Brighton Jones LLC raised its stake in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Vanguard Information Technology ETF by 80.9% in the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after buying an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Information Technology ETF by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after buying an additional 305 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Vanguard Information Technology ETF by 378.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after buying an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Vanguard Information Technology ETF by 17.9% in the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after buying an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $121.27 on Monday. The firm’s 50-day moving average price is $117.35 and its 200-day moving average price is $107.98. The stock has a market capitalization of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.

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.