4,518 Vanguard Information Technology ETF $VGT Shares Bought by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 24.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,003 shares of the exchange traded fund’s stock after acquiring an additional 4,518 shares during the period. Vanguard Information Technology ETF comprises 1.3% of Riverbend Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Riverbend Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,891,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 194 shares during the last quarter. Owl Creek Wealth Partners LLC increased its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Owl Creek Wealth Partners LLC now owns 288 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 252 shares in the last quarter. Financial Network Wealth Advisors LLC increased its holdings in Vanguard Information Technology ETF by 1,641.2% during the 2nd quarter. Financial Network Wealth Advisors LLC now owns 296 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 279 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $36,000. Finally, Mosley Wealth Management raised its stake in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Mosley Wealth Management now owns 304 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 266 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.4%

VGT stock opened at $122.34 on Friday. The firm has a market capitalization of $150.49 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The stock’s 50 day moving average is $122.55 and its 200-day moving average is $114.88.

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.