Focus Partners Wealth Buys 684,470 Shares of Vanguard Information Technology ETF $VGT

Focus Partners Wealth boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1,665.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 725,567 shares of the exchange traded fund’s stock after purchasing an additional 684,470 shares during the period. Focus Partners Wealth’s holdings in Vanguard Information Technology ETF were worth $541,734,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. boosted its stake in shares of Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 21 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of Vanguard Information Technology ETF in the third quarter worth $31,000. Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth $31,000. Kilter Group LLC purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth $37,000. Finally, Delos Wealth Advisors LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $37,000.

Vanguard Information Technology ETF Stock Down 0.9%

Shares of VGT opened at $714.44 on Monday. The stock has a market capitalization of $106.91 billion, a P/E ratio of 34.55 and a beta of 1.25. The firm has a fifty day simple moving average of $743.59 and a two-hundred day simple moving average of $747.51. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.