Vanguard Information Technology ETF $VGT Stake Increased by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 27.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,389 shares of the exchange traded fund’s stock after buying an additional 3,761 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Information Technology ETF were worth $11,534,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Anfield Capital Management LLC lifted its position in shares of Vanguard Information Technology ETF by 10.6% during the first quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 17 shares during the last quarter. National Wealth Management Group LLC lifted its position in shares of Vanguard Information Technology ETF by 0.4% during the first quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock worth $2,215,000 after purchasing an additional 17 shares during the last quarter. TriaGen Wealth Management LLC raised its stake in Vanguard Information Technology ETF by 3.8% during the first quarter. TriaGen Wealth Management LLC now owns 490 shares of the exchange traded fund’s stock valued at $266,000 after buying an additional 18 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in Vanguard Information Technology ETF by 18.9% during the second quarter. Carolina Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 18 shares in the last quarter. Finally, Accretive Wealth Partners LLC raised its stake in Vanguard Information Technology ETF by 1.6% during the first quarter. Accretive Wealth Partners LLC now owns 1,211 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 19 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.3%

Shares of NYSEARCA VGT opened at $755.67 on Friday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $762.83. The company has a market capitalization of $109.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The business has a 50 day simple moving average of $710.39 and a 200-day simple moving average of $636.51.

Vanguard Information Technology ETF Company 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).