LPL Financial LLC Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

LPL Financial LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,188,742 shares of the exchange traded fund’s stock after purchasing an additional 26,845 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Information Technology ETF were worth $697,221,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VGT. Lazard Asset Management LLC grew its stake in Vanguard Information Technology ETF by 13.9% during the first quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock worth $2,149,000 after buying an additional 500 shares during the period. Diversify Advisory Services LLC raised its stake in shares of Vanguard Information Technology ETF by 31.2% in the 2nd quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock valued at $1,014,000 after acquiring an additional 403 shares during the period. Asset Dedication LLC lifted its holdings in shares of Vanguard Information Technology ETF by 187.0% during the 2nd quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 101 shares in the last quarter. Covestor Ltd boosted its position in Vanguard Information Technology ETF by 187.5% during the 1st quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 60 shares during the period. Finally, Capital Investment Advisors LLC increased its holdings in Vanguard Information Technology ETF by 27.0% in the 2nd quarter. Capital Investment Advisors LLC now owns 1,577 shares of the exchange traded fund’s stock valued at $910,000 after purchasing an additional 335 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $612.82 on Thursday. Vanguard Information Technology ETF has a 12 month low of $454.77 and a 12 month high of $626.45. The stock’s 50-day moving average is $594.70 and its two-hundred day moving average is $572.01. The stock has a market cap of $77.17 billion, a PE ratio of 36.30 and a beta of 1.41.

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).