Sagespring Wealth Partners LLC Grows Stock Position in Vanguard Information Technology ETF $VGT

Sagespring Wealth Partners LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 71.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,388 shares of the exchange traded fund’s stock after acquiring an additional 1,407 shares during the period. Sagespring Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $2,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Jefferies Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth $1,680,300,000. Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 210,235.8% during the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after buying an additional 1,486,367 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Vanguard Information Technology ETF by 6.5% in 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 buying an additional 51,543 shares during the last quarter. PGIM Custom Harvest LLC raised its position in shares of Vanguard Information Technology ETF by 4.4% in the third quarter. PGIM Custom Harvest LLC now owns 815,540 shares of the exchange traded fund’s stock valued at $608,907,000 after buying an additional 34,125 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 2.8% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock worth $552,305,000 after buying an additional 20,182 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.3%

VGT opened at $705.13 on Friday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The firm has a market capitalization of $105.52 billion, a PE ratio of 34.55 and a beta of 1.25. The firm’s 50-day moving average price is $739.44 and its 200 day moving average price is $747.93.

Vanguard Information Technology ETF Company 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). 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.