Vanguard Information Technology ETF $VGT Position Boosted by MOKAN Wealth Management Inc.

MOKAN Wealth Management Inc. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 598.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,360 shares of the exchange traded fund’s stock after acquiring an additional 5,450 shares during the period. MOKAN Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $760,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 194 shares during the period. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $29,000. RHL Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $118.80 on Thursday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock has a market cap of $145.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock’s 50 day moving average price is $116.91 and its 200 day moving average price is $105.69.

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.