Modera Wealth Management LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 7.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,650 shares of the exchange traded fund’s stock after acquiring an additional 4,711 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $8,753,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. DWM Financial Group Inc. grew its position in Vanguard Information Technology ETF by 701.8% during the 3rd quarter. DWM Financial Group Inc. now owns 4,514 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 3,951 shares during the last quarter. Outlook Wealth Advisors LLC increased its stake in Vanguard Information Technology ETF by 1.8% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 9,169 shares of the exchange traded fund’s stock valued at $1,152,000 after purchasing an additional 161 shares in the last quarter. Partners Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF in the third quarter worth $1,037,000. Soltis Investment Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 1.6% in the third quarter. Soltis Investment Advisors LLC now owns 26,534 shares of the exchange traded fund’s stock worth $3,335,000 after buying an additional 427 shares during the last quarter. Finally, Choreo LLC raised its holdings in shares of Vanguard Information Technology ETF by 21.7% in the third quarter. Choreo LLC now owns 95,184 shares of the exchange traded fund’s stock worth $12,361,000 after buying an additional 16,996 shares during the last quarter.
Vanguard Information Technology ETF Trading Down 4.3%
NYSEARCA:VGT opened at $116.96 on Friday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $130.66. The firm has a fifty day simple moving average of $122.48 and a 200-day simple moving average of $109.29. The company has a market capitalization of $143.87 billion, a P/E 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.
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