W Advisors LLC Raises Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

W Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 21.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,028 shares of the exchange traded fund’s stock after acquiring an additional 538 shares during the quarter. Vanguard Information Technology ETF comprises 1.1% of W Advisors LLC’s holdings, making the stock its 20th largest holding. W Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,746,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. TKG Advisors LLC purchased a new stake in Vanguard Information Technology ETF in the 4th quarter valued at about $210,000. Traynor Capital Management Inc. raised its stake 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 valued at $665,000 after acquiring an additional 191 shares during the period. Connectus Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $224,000. Moloney Securities Asset Management LLC boosted its position in shares of 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 worth $469,000 after purchasing an additional 150 shares during the period. Finally, Regal Investment Advisors LLC increased its holdings in Vanguard Information Technology ETF by 20.9% in the 4th quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock valued at $577,000 after purchasing an additional 206 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.4 %

NYSEARCA:VGT opened at $533.17 on Friday. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15. The stock’s fifty day moving average is $568.26 and its two-hundred day moving average is $542.95. The stock has a market capitalization of $67.14 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).