Kickstand Ventures LLC. Purchases 5,502 Shares of Vanguard Information Technology ETF $VGT

Kickstand Ventures LLC. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 701.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 6,286 shares of the exchange traded fund’s stock after purchasing an additional 5,502 shares during the period. Kickstand Ventures LLC.’s holdings in Vanguard Information Technology ETF were worth $751,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VGT. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its position 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 period. Wells Financial Advisors INC purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $29,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $118.36 on Friday. The company has a 50 day moving average price of $116.96 and a 200-day moving average price of $105.87. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock has a market capitalization of $145.10 billion, a PE ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF 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.