Shira Ridge Wealth Management Grows Stock Holdings in Vanguard Information Technology ETF $VGT

Shira Ridge Wealth Management grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 690.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,216 shares of the exchange traded fund’s stock after purchasing an additional 35,130 shares during the period. Vanguard Information Technology ETF makes up about 1.7% of Shira Ridge Wealth Management’s holdings, making the stock its 16th largest holding. Shira Ridge Wealth Management’s holdings in Vanguard Information Technology ETF were worth $4,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 worth $28,000 after purchasing an additional 194 shares during the period. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $121.45 on Monday. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock’s fifty day moving average is $116.67 and its two-hundred day moving average is $104.21. The stock has a market capitalization of $148.89 billion, a price-to-earnings 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.