Wedmont Private Capital Acquires 104,297 Shares of Vanguard Information Technology ETF $VGT

Wedmont Private Capital raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 789.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 117,506 shares of the exchange traded fund’s stock after buying an additional 104,297 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard Information Technology ETF were worth $13,875,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares in the last quarter. Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Information Technology ETF during the second quarter worth about $31,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $121.27 on Monday. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock’s 50 day moving average price is $117.35 and its two-hundred day moving average price is $107.98. The stock has a market capitalization of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35.

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.