Vanguard Information Technology ETF $VGT Shares Bought by HRC Wealth Management LLC

HRC Wealth Management LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 841.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 11,775 shares of the exchange traded fund’s stock after purchasing an additional 10,524 shares during the quarter. Vanguard Information Technology ETF comprises about 0.6% of HRC Wealth Management LLC’s holdings, making the stock its 13th biggest position. HRC Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,407,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Roman Butler Fullerton & Co. lifted its stake in shares of Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 14 shares in the last quarter. Plancorp LLC grew its stake in Vanguard Information Technology ETF by 0.7% during the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after acquiring an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC grew its stake in Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 14 shares in the last quarter. Fortis Capital Advisors LLC raised its holdings in Vanguard Information Technology ETF by 0.9% in 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 acquiring an additional 15 shares during the last quarter. Finally, Running Point Capital Advisors LLC raised its holdings in Vanguard Information Technology ETF by 0.7% in 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 acquiring an additional 15 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $120.17 on Wednesday. The company’s 50 day simple moving average is $116.48 and its two-hundred day simple moving average is $104.59. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The firm has a market capitalization of $147.32 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.