Tucker Asset Management LLC Buys 22,420 Shares of Vanguard Information Technology ETF $VGT

Tucker Asset Management LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 718.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 25,539 shares of the exchange traded fund’s stock after buying an additional 22,420 shares during the quarter. Vanguard Information Technology ETF makes up approximately 0.8% of Tucker Asset Management LLC’s investment portfolio, making the stock its 20th biggest holding. Tucker Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $3,052,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Vanguard Information Technology ETF by 497.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares during the period. Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $31,000. RHL Group LLC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $121.27 on Monday. The stock has a market cap of $148.67 billion, a PE ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The company has a 50-day moving average price of $117.35 and a 200 day moving average price of $107.98.

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.