HB Wealth Management LLC Grows Stock Holdings in Vanguard Information Technology ETF $VGT

HB Wealth Management LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 116.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,633 shares of the exchange traded fund’s stock after purchasing an additional 14,316 shares during the quarter. HB Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $19,885,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $31,000. Tripletail Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $40,000. Kilter Group LLC purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $37,000. Finally, Sawyer & Company Inc bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth approximately $38,000.

Vanguard Information Technology ETF Stock Down 0.1%

NYSEARCA:VGT opened at $766.10 on Thursday. The firm has a market capitalization of $114.64 billion, a P/E ratio of 34.55 and a beta of 1.25. The company has a fifty day moving average of $759.02 and a 200 day moving average of $727.13. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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.