Gray Wealth Management Inc. Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Gray Wealth Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% in the 4th quarter, Holdings Channel reports. The firm owned 4,466 shares of the exchange traded fund’s stock after acquiring an additional 70 shares during the period. Vanguard Information Technology ETF comprises 1.1% of Gray Wealth Management Inc.’s investment portfolio, making the stock its 24th largest holding. Gray Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $2,777,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VGT. Corbyn Investment Management Inc. MD lifted its position in Vanguard Information Technology ETF by 1.1% during the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after purchasing an additional 17 shares during the last quarter. Sovereign Financial Group Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after acquiring an additional 17 shares during the last quarter. Sfmg LLC lifted its holdings in shares of Vanguard Information Technology ETF by 2.8% during the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 19 shares during the last quarter. Bare Financial Services Inc grew its position in Vanguard Information Technology ETF by 2.1% in the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock worth $577,000 after acquiring an additional 19 shares in the last quarter. Finally, Providence Capital Advisors LLC increased its stake in Vanguard Information Technology ETF by 7.0% in the third quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock valued at $178,000 after acquiring an additional 20 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 3.0 %

NYSEARCA VGT opened at $563.01 on Monday. The stock’s 50-day simple moving average is $612.53 and its two-hundred day simple moving average is $606.48. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market capitalization of $78.42 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17.

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).