VSM Wealth Advisory LLC Has $1.50 Million Stock Position in Vanguard Information Technology ETF $VGT

VSM Wealth Advisory LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 709.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 12,551 shares of the exchange traded fund’s stock after purchasing an additional 11,001 shares during the period. VSM Wealth Advisory LLC’s holdings in Vanguard Information Technology ETF were worth $1,500,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VGT. Bank of America Corp DE increased its position in Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after buying an additional 252,341 shares in the last quarter. Morgan Stanley grew its position in Vanguard Information Technology ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock worth $1,621,574,000 after acquiring an additional 25,901 shares during the last quarter. Wells Fargo & Company MN grew its position in Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after acquiring an additional 18,634 shares during the last quarter. Finally, Folger Nolan Fleming Douglas Capital Management Inc. increased its holdings in Vanguard Information Technology ETF by 690.1% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after purchasing an additional 1,203,781 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $122.54 on Tuesday. The company has a 50 day simple moving average of $116.69 and a 200 day simple moving average of $105.36. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The firm has a market cap of $150.22 billion, a PE ratio of 34.55 and a beta of 1.34.

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). 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.