Mosaic Advisors LLC Takes $603,000 Position in Vanguard Information Technology ETF $VGT

Mosaic Advisors LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 808 shares of the exchange traded fund’s stock, valued at approximately $603,000. Vanguard Information Technology ETF comprises 1.5% of Mosaic Advisors LLC’s investment portfolio, making the stock its 13th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock worth $4,107,085,000 after buying an additional 66,303 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in Vanguard Information Technology ETF in the third quarter valued at $1,680,300,000. Laurel Wealth Advisors LLC lifted its stake in Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after buying an additional 1,486,367 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock valued at $557,140,000 after acquiring an additional 51,543 shares during the period. Finally, PGIM Custom Harvest LLC boosted its holdings in shares of Vanguard Information Technology ETF by 48.7% during the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after acquiring an additional 255,787 shares during the period.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $719.03 on Monday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The company has a 50-day simple moving average of $746.66 and a 200-day simple moving average of $746.32. The firm has a market capitalization of $107.60 billion, a P/E ratio of 34.55 and a beta of 1.25.

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.