Whalen Wealth Management Inc. Makes New Investment in Vanguard Information Technology ETF $VGT

Whalen Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, HoldingsChannel.com reports. The firm acquired 522 shares of the exchange traded fund’s stock, valued at approximately $346,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. Brighton Jones LLC boosted 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 purchasing an additional 598 shares during the period. Golden State Wealth Management LLC boosted its position in Vanguard Information Technology ETF by 17.5% during the first quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 21 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in Vanguard Information Technology ETF during the first quarter worth $28,000. Clear Creek Financial Management LLC boosted its position in Vanguard Information Technology ETF by 98.9% during the first quarter. Clear Creek Financial Management LLC now owns 1,124 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 559 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in Vanguard Information Technology ETF during the first quarter worth $545,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $801.52 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The company has a market capitalization of $118.58 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock has a fifty day moving average of $735.43 and a 200-day moving average of $666.49.

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).