Foguth Wealth Management LLC. Takes $723,000 Position in Vanguard Information Technology ETF $VGT

Foguth Wealth Management LLC. purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 957 shares of the exchange traded fund’s stock, valued at approximately $723,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Jefferies Financial Group Inc. acquired a new position in Vanguard Information Technology ETF during the third quarter worth about $1,680,300,000. Laurel Wealth Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF by 210,235.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after purchasing an additional 1,486,367 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Vanguard Information Technology ETF by 1,665.5% in the 3rd quarter. Focus Partners Wealth now owns 725,567 shares of the exchange traded fund’s stock valued at $541,734,000 after purchasing an additional 684,470 shares in the last quarter. Strategic Investment Advisors MI acquired a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $237,501,000. Finally, PGIM Custom Harvest LLC grew its holdings in shares of Vanguard Information Technology ETF by 48.7% during the 2nd quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after purchasing an additional 255,787 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $721.72 on Friday. The stock has a market cap of $108.00 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company has a 50 day simple moving average of $740.57 and a 200 day simple moving average of $747.47. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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.