Vanguard Information Technology ETF $VGT Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 731.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 275,462 shares of the exchange traded fund’s stock after acquiring an additional 242,342 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Information Technology ETF were worth $32,923,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Plancorp LLC lifted its stake in Vanguard Information Technology ETF by 0.7% during the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after purchasing an additional 14 shares during the period. Fortis Capital Advisors LLC increased its stake in Vanguard Information Technology ETF by 0.9% during the fourth quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock valued at $1,292,000 after purchasing an additional 15 shares during the last quarter. Running Point Capital Advisors LLC increased its stake in Vanguard Information Technology ETF by 0.7% during the fourth quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 15 shares during the last quarter. Finally, Moneco Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.2% during the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock worth $632,000 after purchasing an additional 18 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $122.56 on Friday. The company’s fifty day moving average is $116.58 and its two-hundred day moving average is $105.11. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The stock has a market capitalization of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.