Wheelhouse Advisory Group LLC Boosts Stock Position in Vanguard Information Technology ETF $VGT

Wheelhouse Advisory Group LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 687.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 188,828 shares of the exchange traded fund’s stock after acquiring an additional 164,836 shares during the period. Vanguard Information Technology ETF comprises about 6.4% of Wheelhouse Advisory Group LLC’s investment portfolio, making the stock its 8th largest holding. Wheelhouse Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $22,569,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VGT. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $27,000. RHL Group LLC bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Jessup Wealth Management Inc bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. GW&K Investment Management LLC raised its holdings in Vanguard Information Technology ETF by 100.0% during the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 21 shares during the period. Finally, Semmax Financial Advisors Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $120.88 on Friday. The firm has a market cap of $148.19 billion, a P/E ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The firm’s 50 day moving average price is $117.20 and its two-hundred day moving average price is $107.77.

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.