Bordeaux Wealth Advisors LLC Has $10.83 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bordeaux Wealth Advisors LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2,780.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,783 shares of the exchange traded fund’s stock after purchasing an additional 18,131 shares during the quarter. Vanguard Information Technology ETF comprises about 2.1% of Bordeaux Wealth Advisors LLC’s holdings, making the stock its 12th biggest position. Bordeaux Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $10,830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. TKG Advisors LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at $210,000. Traynor Capital Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 17.7% in the 1st quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $665,000 after acquiring an additional 191 shares during the last quarter. Connectus Wealth LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $224,000. Moloney Securities Asset Management LLC boosted its stake in Vanguard Information Technology ETF by 20.1% during the 1st quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 150 shares during the last quarter. Finally, Regal Investment Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 20.9% in the fourth quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 206 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.2 %

Shares of NYSEARCA:VGT opened at $546.29 on Friday. The business’s 50 day moving average is $569.12 and its 200 day moving average is $542.51. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15. The stock has a market cap of $68.79 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).