Vanguard Information Technology ETF $VGT Shares Acquired by HCR Wealth Advisors

HCR Wealth Advisors lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 682.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,903 shares of the exchange traded fund’s stock after purchasing an additional 12,998 shares during the period. HCR Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $1,781,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VGT. Allen Mooney & Barnes Investment Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 4,264 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 3,731 shares during the period. Armstrong Advisory Group Inc. raised its holdings in Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock worth $122,775,000 after buying an additional 899,479 shares during the period. McCollum Christoferson Group LLC raised its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. McCollum Christoferson Group LLC now owns 6,472 shares of the exchange traded fund’s stock worth $774,000 after buying an additional 5,663 shares during the period. DAVENPORT & Co LLC lifted its stake in Vanguard Information Technology ETF by 679.7% during the second quarter. DAVENPORT & Co LLC now owns 59,950 shares of the exchange traded fund’s stock valued at $7,165,000 after buying an additional 52,261 shares in the last quarter. Finally, Independence Bank of Kentucky lifted its stake in Vanguard Information Technology ETF by 700.0% during the second quarter. Independence Bank of Kentucky now owns 2,328 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 2,037 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $121.60 on Thursday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company has a 50-day moving average of $116.43 and a two-hundred day moving average of $104.78. The stock has a market cap of $149.07 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.