Sound Stewardship LLC Raises Holdings in Vanguard Information Technology ETF $VGT

Sound Stewardship LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 685.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,518 shares of the exchange traded fund’s stock after purchasing an additional 55,427 shares during the quarter. Vanguard Information Technology ETF comprises about 3.1% of Sound Stewardship LLC’s portfolio, making the stock its 8th biggest holding. Sound Stewardship LLC’s holdings in Vanguard Information Technology ETF were worth $7,592,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VGT. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares during the period. Wells Financial Advisors INC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $121.60 on Thursday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock has a market cap of $149.07 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock’s 50 day moving average price is $116.43 and its 200 day moving average price is $104.78.

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.