Vanguard Information Technology ETF (NYSEARCA:VGT) Position Increased by RBA Wealth Management LLC

RBA Wealth Management LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,498 shares of the exchange traded fund’s stock after purchasing an additional 250 shares during the period. RBA Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,638,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VGT. Wulff Hansen & CO. raised its stake in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after acquiring an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after acquiring an additional 1,504,206 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Information Technology ETF by 5.9% during the 2nd quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock valued at $669,938,000 after acquiring an additional 64,672 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after acquiring an additional 17,933 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after acquiring an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock traded down $0.42 during mid-day trading on Tuesday, hitting $606.51. 383,135 shares of the stock traded hands, compared to its average volume of 462,572. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $610.06. The firm has a market cap of $76.37 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s 50-day simple moving average is $575.88 and its 200-day simple moving average is $556.40.

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).