Vanguard Information Technology ETF $VGT is Sun Group Wealth Partners’ 9th Largest Position

Sun Group Wealth Partners boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 674.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 49,984 shares of the exchange traded fund’s stock after buying an additional 43,527 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 4.1% of Sun Group Wealth Partners’ portfolio, making the stock its 9th biggest holding. Sun Group Wealth Partners’ holdings in Vanguard Information Technology ETF were worth $5,974,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in Vanguard Information Technology ETF by 497.4% during 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 purchased a new position in Vanguard Information Technology ETF during 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 worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $122.54 on Tuesday. The company has a fifty day moving average of $116.69 and a 200 day moving average of $105.36. The company has a market capitalization of $150.22 billion, a P/E ratio of 34.55 and a beta of 1.34. 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.