Wedmont Private Capital Acquires 104,297 Shares of Vanguard Information Technology ETF $VGT

Wedmont Private Capital lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 789.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 117,506 shares of the exchange traded fund’s stock after buying an additional 104,297 shares during the period. Wedmont Private Capital’s holdings in Vanguard Information Technology ETF were worth $13,875,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $27,000. RHL Group LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Jessup Wealth Management Inc bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. GW&K Investment Management LLC grew its stake in Vanguard Information Technology ETF by 100.0% in the fourth quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 21 shares in the last quarter. Finally, Semmax Financial Advisors Inc. bought a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $121.27 on Monday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The firm has a market capitalization of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. The stock’s 50 day moving average price is $117.35 and its two-hundred day moving average price is $107.98.

Vanguard Information Technology ETF Company 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.