Dynamic Advisor Solutions LLC Buys 24,088 Shares of Vanguard Information Technology ETF $VGT

Dynamic Advisor Solutions LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 995.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 26,507 shares of the exchange traded fund’s stock after buying an additional 24,088 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,168,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Roman Butler Fullerton & Co. lifted its holdings in Vanguard Information Technology ETF by 2.4% during the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 14 shares in the last quarter. Plancorp LLC increased its stake in shares of Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after purchasing an additional 14 shares in the last quarter. Fortis Capital Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 0.9% during the 4th quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock valued at $1,292,000 after purchasing an additional 15 shares during the period. Finally, Running Point Capital Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 0.7% during the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 15 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $119.60 on Friday. The stock has a market cap of $146.62 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm’s fifty day moving average is $116.66 and its 200 day moving average is $104.02. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.

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.