Palo Alto Wealth Advisors LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Palo Alto Wealth Advisors LLC bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 377 shares of the exchange traded fund’s stock, valued at approximately $229,000.

A number of other large investors have also bought and sold shares of the business. Wulff Hansen & CO. boosted its position in shares of Vanguard Information Technology ETF by 56,640.2% in the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard Information Technology ETF by 54,658.6% during the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after buying an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF by 6,873.3% during the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after buying an additional 307,580 shares during the period. Cetera Investment Advisers increased its stake in shares of Vanguard Information Technology ETF by 665.9% in the 1st quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after acquiring an additional 205,928 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Information Technology ETF by 263.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after acquiring an additional 123,866 shares during the period.

Vanguard Information Technology ETF Stock Down 0.1 %

NYSEARCA VGT traded down $0.62 during trading on Thursday, reaching $619.88. 124,071 shares of the stock traded hands, compared to its average volume of 460,520. Vanguard Information Technology ETF has a fifty-two week low of $452.47 and a fifty-two week high of $626.45. The firm has a market cap of $78.06 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock’s 50-day moving average price is $588.23 and its 200 day moving average price is $568.14.

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).