Wealthfront Advisers LLC Raises Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Wealthfront Advisers LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 22.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,088 shares of the exchange traded fund’s stock after buying an additional 2,557 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard Information Technology ETF were worth $5,845,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 73,743.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,635,747 shares of the exchange traded fund’s stock worth $1,800,114,000 after buying an additional 5,628,115 shares during the period. Osaic Holdings Inc. increased its position in shares of Vanguard Information Technology ETF by 159.6% in the second quarter. Osaic Holdings Inc. now owns 554,628 shares of the exchange traded fund’s stock valued at $101,777,000 after acquiring an additional 340,954 shares during the period. Beacon Capital Management Inc. raised its stake in shares of Vanguard Information Technology ETF by 223.8% during the third quarter. Beacon Capital Management Inc. now owns 461,110 shares of the exchange traded fund’s stock valued at $191,315,000 after acquiring an additional 318,692 shares during the last quarter. Houlihan Financial Resource Group Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 3,301.6% during the second quarter. Houlihan Financial Resource Group Ltd. now owns 172,327 shares of the exchange traded fund’s stock worth $69,324,000 after purchasing an additional 167,261 shares during the period. Finally, Parker Investment Management LLC boosted its holdings in shares of Vanguard Information Technology ETF by 79.5% during the second quarter. Parker Investment Management LLC now owns 336,538 shares of the exchange traded fund’s stock worth $148,804,000 after purchasing an additional 149,027 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $479.75 on Thursday. The stock’s 50-day moving average is $469.38 and its 200 day moving average is $444.01. The company has a market cap of $57.30 billion, a PE ratio of 24.70 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $327.64 and a 1 year high of $487.84.

About Vanguard Information Technology ETF

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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