138,467 Vanguard Information Technology ETF $VGT Shares Acquired by SteelPeak Wealth LLC

SteelPeak Wealth LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 679.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 158,861 shares of the exchange traded fund’s stock after acquiring an additional 138,467 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $19,964,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VGT. HighTower Advisors LLC grew its stake in Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Florida Trust Wealth Management Co increased its holdings in Vanguard Information Technology ETF by 725.8% during the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after purchasing an additional 19,104 shares during the period. First Merchants Corp raised its position in Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after purchasing an additional 292,331 shares in the last quarter. Innovative Wealth Building LLC raised its position in Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after purchasing an additional 51,687 shares in the last quarter. Finally, Polaris Financial Partners bought a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $4,014,000.

Vanguard Information Technology ETF Trading Down 2.9%

Shares of VGT stock opened at $118.83 on Friday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The stock has a market capitalization of $146.17 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock has a fifty day simple moving average of $122.50 and a two-hundred day simple moving average of $114.90.

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.