IFP Advisors Inc Buys 2,402 Shares of Vanguard Information Technology ETF $VGT

IFP Advisors Inc increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,328 shares of the exchange traded fund’s stock after purchasing an additional 2,402 shares during the period. Vanguard Information Technology ETF accounts for 0.6% of IFP Advisors Inc’s portfolio, making the stock its 24th largest holding. IFP Advisors Inc’s holdings in Vanguard Information Technology ETF were worth $22,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Financial Security Advisor Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $249,000. Trevian Wealth Management LLC bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $226,000. Rice Partnership LLC bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $40,000. Live Oak Investment Partners raised its position in shares of Vanguard Information Technology ETF by 8.2% during the 2nd quarter. Live Oak Investment Partners now owns 5,400 shares of the exchange traded fund’s stock valued at $3,582,000 after acquiring an additional 410 shares during the last quarter. Finally, Copperwynd Financial LLC bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $214,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $767.64 on Friday. The firm has a fifty day moving average of $716.01 and a two-hundred day moving average of $641.43. The stock has a market capitalization of $113.57 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $769.60.

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).