Vanguard Information Technology ETF $VGT Stock Bought by Thryve Wealth Management LLC

Thryve Wealth Management LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,693 shares of the exchange traded fund’s stock after acquiring an additional 16,767 shares during the quarter. Vanguard Information Technology ETF accounts for about 9.5% of Thryve Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Thryve Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $17,053,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after purchasing an additional 4,107,038 shares during the period. HighTower Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after buying an additional 2,967,256 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Vanguard Information Technology ETF by 693.4% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after buying an additional 2,116,095 shares during the period. Finally, Nissay Asset Management Corp Japan raised its holdings in Vanguard Information Technology ETF by 700.0% in the second quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock valued at $195,752,000 after acquiring an additional 1,433,089 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded up $0.73 on Friday, hitting $127.98. 3,044,458 shares of the company’s stock were exchanged, compared to its average volume of 4,451,884. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The company has a market capitalization of $156.77 billion, a PE ratio of 34.55 and a beta of 1.34. The firm’s 50-day moving average is $122.08 and its 200 day moving average is $113.67.

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.