Western Wealth Management LLC Grows Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Western Wealth Management LLC lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,030 shares of the exchange traded fund’s stock after buying an additional 954 shares during the period. Western Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $6,307,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cooper Financial Group purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $234,000. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Vanguard Information Technology ETF by 19.3% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after purchasing an additional 153 shares during the last quarter. Ritholtz Wealth Management grew its stake in shares of Vanguard Information Technology ETF by 2.7% in the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock worth $828,000 after purchasing an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 23.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock worth $1,473,000 after purchasing an additional 584 shares during the last quarter. Finally, Altfest L J & Co. Inc. bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $243,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded down $4.73 during trading hours on Thursday, hitting $492.96. The company’s stock had a trading volume of 539,232 shares, compared to its average volume of 478,928. The stock has a market cap of $62.07 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 12 month low of $368.39 and a 12 month high of $536.63. The business has a 50-day simple moving average of $517.90 and a 200-day simple moving average of $480.06.

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).