Hilltop Holdings Inc. Increases Stake in Vanguard Information Technology ETF $VGT

Hilltop Holdings Inc. grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,817 shares of the exchange traded fund’s stock after acquiring an additional 1,271 shares during the period. Hilltop Holdings Inc.’s holdings in Vanguard Information Technology ETF were worth $6,583,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of VGT. China Universal Asset Management Co. Ltd. raised its holdings in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. First Command Advisory Services Inc. bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $31,000. Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the second quarter valued at $31,000. Delos Wealth Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $37,000. Finally, Tripletail Wealth Management LLC purchased a new position in Vanguard Information Technology ETF during the third quarter worth $40,000.

Vanguard Information Technology ETF Trading Down 0.9%

Shares of NYSEARCA:VGT opened at $714.44 on Monday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The company has a market capitalization of $106.91 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm’s 50-day moving average is $743.59 and its 200 day moving average is $747.51.

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.