Vanguard Information Technology ETF $VGT Shares Purchased by MOKAN Wealth Management Inc.

MOKAN Wealth Management Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,863 shares of the exchange traded fund’s stock after purchasing an additional 1,594 shares during the quarter. Vanguard Information Technology ETF accounts for 4.5% of MOKAN Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. MOKAN Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $8,850,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VGT. China Universal Asset Management Co. Ltd. lifted its position in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares during the period. Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF in the second quarter valued at $31,000. Kilter Group LLC acquired a new position in Vanguard Information Technology ETF during the second quarter worth $37,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at $40,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $40,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $754.25 on Friday. The firm has a market cap of $112.87 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm’s 50-day simple moving average is $754.71 and its 200-day simple moving average is $734.17. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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.