Vanguard Information Technology ETF $VGT is Triangle Securities Wealth Management’s 3rd Largest Position

Triangle Securities Wealth Management increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,518 shares of the exchange traded fund’s stock after acquiring an additional 828 shares during the period. Vanguard Information Technology ETF makes up about 3.5% of Triangle Securities Wealth Management’s investment portfolio, making the stock its 3rd biggest position. Triangle Securities Wealth Management’s holdings in Vanguard Information Technology ETF were worth $15,319,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VGT. Private Trust Co. NA increased its stake in shares of Vanguard Information Technology ETF by 25.8% during the 3rd quarter. Private Trust Co. NA now owns 952 shares of the exchange traded fund’s stock valued at $711,000 after acquiring an additional 195 shares during the last quarter. McClarren Financial Advisors Inc. increased its holdings in Vanguard Information Technology ETF by 172.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 3,976 shares of the exchange traded fund’s stock valued at $2,969,000 after purchasing an additional 2,514 shares in the last quarter. Enclave Advisors LLC raised its position in Vanguard Information Technology ETF by 1.5% in the third quarter. Enclave Advisors LLC now owns 38,131 shares of the exchange traded fund’s stock valued at $28,470,000 after purchasing an additional 571 shares during the period. Key Client Fiduciary Advisors LLC raised its position in Vanguard Information Technology ETF by 8.2% in the third quarter. Key Client Fiduciary Advisors LLC now owns 607 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 46 shares during the period. Finally, Affiance Financial LLC lifted its stake in shares of Vanguard Information Technology ETF by 2.5% during the third quarter. Affiance Financial LLC now owns 2,709 shares of the exchange traded fund’s stock worth $2,023,000 after purchasing an additional 65 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.2%

Shares of VGT stock opened at $766.32 on Thursday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The company has a market capitalization of $113.38 billion, a PE ratio of 34.55 and a beta of 1.25. The firm has a fifty day simple moving average of $760.81 and a 200-day simple moving average of $717.97.

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). 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.