Lido Advisors LLC Acquires 52,256 Shares of Vanguard Information Technology ETF $VGT

Lido Advisors LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,799,129 shares of the exchange traded fund’s stock after purchasing an additional 52,256 shares during the quarter. Vanguard Information Technology ETF accounts for about 0.6% of Lido Advisors LLC’s holdings, making the stock its 18th biggest holding. Lido Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $226,097,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 194 shares in the last quarter. Owl Creek Wealth Partners LLC increased its stake 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 valued at $34,000 after purchasing an additional 252 shares in the last quarter. Kings Path Partners LLC acquired a new position in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $34,000. Financial Network Wealth Advisors LLC increased its stake 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 valued at $35,000 after purchasing an additional 279 shares in the last quarter. Finally, Mosley Wealth Management raised its holdings 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 buying an additional 266 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.3%

NYSEARCA VGT opened at $110.52 on Wednesday. The company has a fifty day simple moving average of $121.48 and a two-hundred day simple moving average of $109.90. The stock has a market cap of $137.14 billion, a P/E ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $130.66.

About Vanguard Information Technology ETF

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.