XML Financial LLC Grows Stock Holdings in Vanguard Information Technology ETF $VGT

XML Financial LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 704.5% during the 2nd quarter, Holdings Channel reports. The firm owned 292,783 shares of the exchange traded fund’s stock after purchasing an additional 256,389 shares during the quarter. Vanguard Information Technology ETF makes up approximately 2.5% of XML Financial LLC’s holdings, making the stock its 4th largest holding. XML Financial LLC’s holdings in Vanguard Information Technology ETF were worth $34,993,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Kingdom Financial Group LLC. bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted 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 buying an additional 194 shares during the last quarter. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Finally, Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Trading Down 1.3%

Shares of VGT opened at $118.87 on Wednesday. The company has a market capitalization of $145.72 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock has a 50 day moving average of $117.02 and a 200 day moving average of $107.37. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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.