Vanguard Information Technology ETF $VGT Shares Bought by Southern Capital Advisors LLC

Southern Capital Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 705.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,583 shares of the exchange traded fund’s stock after purchasing an additional 9,269 shares during the period. Vanguard Information Technology ETF makes up about 0.5% of Southern Capital Advisors LLC’s holdings, making the stock its 13th biggest position. Southern Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,265,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Clark Asset Management LLC increased its stake in Vanguard Information Technology ETF by 1,004.8% during the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock worth $659,000 after buying an additional 5,014 shares in the last quarter. Baron Financial Group LLC lifted its position in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 4,396 shares in the last quarter. Abound Wealth Management boosted its stake in shares of Vanguard Information Technology ETF by 668.5% in the second quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 4,439 shares during the last quarter. Focus Financial Network Inc. boosted its stake in shares of Vanguard Information Technology ETF by 234.1% in the second quarter. Focus Financial Network Inc. now owns 23,788 shares of the exchange traded fund’s stock worth $2,843,000 after acquiring an additional 16,669 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $121.60 on Thursday. The business has a fifty day moving average price of $116.43 and a 200 day moving average price of $104.78. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company has a market cap of $149.07 billion, a P/E ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF 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.