Vanguard Information Technology ETF $VGT Shares Bought by Topsail Wealth Management LLC

Topsail Wealth Management LLC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 77.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,388 shares of the exchange traded fund’s stock after acquiring an additional 606 shares during the period. Topsail Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Brighton Jones LLC raised its position in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the last quarter. Golden State Wealth Management LLC raised its position in Vanguard Information Technology ETF by 135.0% during the first quarter. Golden State Wealth Management LLC now owns 282 shares of the exchange traded fund’s stock worth $154,000 after acquiring an additional 162 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Vanguard Information Technology ETF by 7.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,150 shares of the exchange traded fund’s stock worth $4,420,000 after acquiring an additional 566 shares during the last quarter. Diversified Trust Co raised its position in Vanguard Information Technology ETF by 96.0% during the first quarter. Diversified Trust Co now owns 1,137 shares of the exchange traded fund’s stock worth $617,000 after acquiring an additional 557 shares during the last quarter. Finally, Money Concepts Capital Corp raised its position in Vanguard Information Technology ETF by 36.2% during the first quarter. Money Concepts Capital Corp now owns 2,335 shares of the exchange traded fund’s stock worth $1,267,000 after acquiring an additional 621 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $774.14 on Friday. The company has a market cap of $114.53 billion, a PE ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $776.40. The company has a 50-day simple moving average of $729.21 and a 200-day simple moving average of $659.86.

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).