Nwam LLC Raises Stock Position in Vanguard Information Technology ETF $VGT

Nwam LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 743.4% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 24,526 shares of the exchange traded fund’s stock after acquiring an additional 21,618 shares during the period. Nwam LLC’s holdings in Vanguard Information Technology ETF were worth $2,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 buying an additional 194 shares during the last quarter. RHL Group LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Jessup Wealth Management Inc purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $118.87 on Wednesday. The stock has a market capitalization of $145.72 billion, a P/E ratio of 34.55 and a beta of 1.34. The business has a 50 day simple moving average of $117.02 and a two-hundred day simple moving average of $107.37. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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.