Vanguard Information Technology ETF $VGT Shares Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 940.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,266 shares of the exchange traded fund’s stock after purchasing an additional 46,339 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Information Technology ETF were worth $6,127,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Sheets Smith Wealth Management raised its holdings in shares of Vanguard Information Technology ETF by 731.3% in the second quarter. Sheets Smith Wealth Management now owns 4,705 shares of the exchange traded fund’s stock worth $562,000 after acquiring an additional 4,139 shares during the last quarter. Capital Advisors Inc. OK lifted its position in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Capital Advisors Inc. OK now owns 50,831 shares of the exchange traded fund’s stock valued at $6,075,000 after acquiring an additional 44,477 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in shares of Vanguard Information Technology ETF by 35,750.0% during the second quarter. Delta Asset Management LLC TN now owns 717 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 715 shares during the last quarter. Washington Trust Bank acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at $350,000. Finally, Ferguson Wellman Capital Management Inc. increased its position in Vanguard Information Technology ETF by 1,009.5% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 8,543 shares of the exchange traded fund’s stock worth $1,021,000 after purchasing an additional 7,773 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 1.5%

Vanguard Information Technology ETF stock opened at $120.07 on Friday. The stock has a 50-day moving average price of $116.96 and a 200 day moving average price of $106.91. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock has a market cap of $147.20 billion, a PE ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF 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.