Smith Chas P & Associates PA Cpas Makes New $666,000 Investment in Vanguard Information Technology ETF $VGT

Smith Chas P & Associates PA Cpas acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,576 shares of the exchange traded fund’s stock, valued at approximately $666,000.

Several other institutional investors have also recently made changes to their positions in VGT. Brighton Jones LLC raised its position in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the period. AQR Capital Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after acquiring an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after acquiring an additional 305 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after acquiring an additional 5,309 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Vanguard Information Technology ETF by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after acquiring an additional 149 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock traded up $1.44 on Friday, hitting $121.07. The company’s stock had a trading volume of 2,889,080 shares, compared to its average volume of 4,463,093. The company has a market capitalization of $148.42 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The firm has a fifty day moving average price of $117.65 and a 200-day moving average price of $108.80.

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.