Ridgeline Wealth LLC Acquires New Stake in Vanguard Information Technology ETF $VGT

Ridgeline Wealth LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,472 shares of the exchange traded fund’s stock, valued at approximately $774,000. Vanguard Information Technology ETF makes up 0.5% of Ridgeline Wealth LLC’s holdings, making the stock its 28th biggest position.

A number of other institutional investors have also added to or reduced their stakes in VGT. Center For Asset Management LLC boosted its position in shares of Vanguard Information Technology ETF by 4.4% during the 4th quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 14 shares during the last quarter. Roman Butler Fullerton & Co. grew its holdings in shares of Vanguard Information Technology ETF by 2.4% during the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 14 shares in the last quarter. Plancorp LLC increased its position in shares of Vanguard Information Technology ETF by 0.7% in the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 2.9% in the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after purchasing an additional 14 shares during the last quarter. Finally, Fortis Capital Advisors LLC raised its stake in Vanguard Information Technology ETF by 0.9% in the fourth quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock valued at $1,292,000 after purchasing an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $120.15 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The firm has a market cap of $147.29 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50 day simple moving average of $116.60 and a two-hundred day simple moving average of $103.67.

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.