Spearhead Capital Advisors LLC Raises Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Spearhead Capital Advisors LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,331 shares of the exchange traded fund’s stock after buying an additional 140 shares during the period. Spearhead Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $913,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VGT. Intl Fcstone Inc. increased its stake in shares of Vanguard Information Technology ETF by 15.1% during the 2nd quarter. Intl Fcstone Inc. now owns 1,563 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 205 shares in the last quarter. Foothills Asset Management Ltd. increased its stake in shares of Vanguard Information Technology ETF by 100.0% during the 2nd quarter. Foothills Asset Management Ltd. now owns 2,940 shares of the exchange traded fund’s stock worth $620,000 after purchasing an additional 1,470 shares in the last quarter. Moseley Investment Management Inc. increased its stake in shares of Vanguard Information Technology ETF by 2.8% during the 2nd quarter. Moseley Investment Management Inc. now owns 8,076 shares of the exchange traded fund’s stock worth $1,703,000 after purchasing an additional 218 shares in the last quarter. Northside Capital Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $206,000. Finally, NEXT Financial Group Inc increased its stake in shares of Vanguard Information Technology ETF by 54.2% during the 2nd quarter. NEXT Financial Group Inc now owns 24,419 shares of the exchange traded fund’s stock worth $5,150,000 after purchasing an additional 8,581 shares in the last quarter.

Shares of VGT traded up $1.45 during mid-day trading on Friday, reaching $223.19. 4,125 shares of the company’s stock were exchanged, compared to its average volume of 644,163. The stock’s 50-day simple moving average is $212.92. Vanguard Information Technology ETF has a 52-week low of $154.72 and a 52-week high of $223.37.

About Vanguard Information Technology ETF

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).

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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