Kingswood Wealth Advisors LLC Grows Stake in Vanguard Information Technology ETF $VGT

Kingswood Wealth Advisors LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 58.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,073 shares of the exchange traded fund’s stock after purchasing an additional 5,213 shares during the quarter. Vanguard Information Technology ETF accounts for 0.6% of Kingswood Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Kingswood Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $10,507,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VGT. China Universal Asset Management Co. Ltd. raised its stake in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the second quarter worth about $31,000. Tripletail Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the third quarter worth about $40,000. Kilter Group LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $37,000. Finally, Sawyer & Company Inc acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $38,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $766.10 on Thursday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The stock has a market cap of $114.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm has a 50 day simple moving average of $759.02 and a 200-day simple moving average of $727.13.

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). 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.