Wedmont Private Capital Boosts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Wedmont Private Capital lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 32.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,900 shares of the exchange traded fund’s stock after buying an additional 2,177 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard Information Technology ETF were worth $5,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VGT. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after acquiring an additional 501,703 shares during the period. Wulff Hansen & CO. raised its position in shares of Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after buying an additional 5,331,540 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after purchasing an additional 17,933 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Vanguard Information Technology ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock worth $289,357,000 after purchasing an additional 4,910 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.3 %

Shares of NYSEARCA:VGT traded down $7.88 on Monday, reaching $605.56. 615,180 shares of the company traded hands, compared to its average volume of 659,992. The stock has a market capitalization of $76.25 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50-day simple moving average is $626.27 and its 200 day simple moving average is $593.70. Vanguard Information Technology ETF has a 52 week low of $473.89 and a 52 week high of $648.66.

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).