Hilltop Holdings Inc. Grows Stock Holdings in Vanguard Information Technology ETF $VGT

Hilltop Holdings Inc. boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,817 shares of the exchange traded fund’s stock after purchasing an additional 1,271 shares during the period. Hilltop Holdings Inc.’s holdings in Vanguard Information Technology ETF were worth $6,583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. China Universal Asset Management Co. Ltd. lifted its holdings in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the period. First Command Advisory Services Inc. bought a new stake in shares of Vanguard Information Technology ETF in the third quarter worth $31,000. Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $31,000. Kilter Group LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter valued at $37,000. Finally, Delos Wealth Advisors LLC purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at $37,000.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $714.44 on Monday. The company has a market cap of $106.91 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The business’s 50-day moving average is $743.59 and its two-hundred day moving average is $747.51. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99.

Vanguard Information Technology ETF Company 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). 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.