Vanguard Information Technology ETF $VGT Stake Lifted by Wedmont Private Capital

Wedmont Private Capital grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,352 shares of the exchange traded fund’s stock after purchasing an additional 17,846 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard Information Technology ETF were worth $17,224,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Clarkston Capital Partners LLC raised its holdings in shares of Vanguard Information Technology ETF by 3.1% during the 4th quarter. Clarkston Capital Partners LLC now owns 599 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 18 shares during the period. Keudell Morrison Wealth Management boosted its holdings in Vanguard Information Technology ETF by 3.9% in the 1st quarter. Keudell Morrison Wealth Management now owns 805 shares of the exchange traded fund’s stock worth $562,000 after acquiring an additional 30 shares during the period. Hilton Head Capital Partners LLC boosted its holdings in Vanguard Information Technology ETF by 3.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 990 shares of the exchange traded fund’s stock worth $691,000 after acquiring an additional 32 shares during the period. AdvisorNet Financial Inc grew its position in Vanguard Information Technology ETF by 4.7% in the first quarter. AdvisorNet Financial Inc now owns 708 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 32 shares in the last quarter. Finally, Kane Investment Management Inc. grew its position in Vanguard Information Technology ETF by 3.9% in the fourth quarter. Kane Investment Management Inc. now owns 1,002 shares of the exchange traded fund’s stock valued at $755,000 after acquiring an additional 38 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 0.4%

Shares of VGT traded up $0.48 during mid-day trading on Friday, reaching $127.73. 1,755,589 shares of the stock traded hands, compared to its average volume of 4,444,892. The stock has a fifty day simple moving average of $121.79 and a 200 day simple moving average of $113.57. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $130.66. The firm has a market cap of $156.47 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.