11,587 Vanguard Information Technology ETF $VGT Shares Purchased by IFP Advisors Inc

IFP Advisors Inc boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 287,049 shares of the exchange traded fund’s stock after purchasing an additional 11,587 shares during the period. Vanguard Information Technology ETF comprises approximately 0.6% of IFP Advisors Inc’s investment portfolio, making the stock its 23rd biggest position. IFP Advisors Inc’s holdings in Vanguard Information Technology ETF were worth $36,073,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after buying an additional 241,421 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Information Technology ETF by 657.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after buying an additional 4,107,038 shares during the period. Systematic Alpha Investments LLC increased its stake in shares of Vanguard Information Technology ETF by 700.0% in the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares during the period. HighTower Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after acquiring an additional 2,967,256 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $118.83 on Friday. The stock’s 50 day moving average is $122.50 and its 200 day moving average is $114.90. The firm has a market cap of $146.17 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66.

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.