Vanguard Information Technology ETF $VGT Stock Bought by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% during the third quarter, Holdings Channel reports. The institutional investor owned 287,049 shares of the exchange traded fund’s stock after purchasing an additional 11,587 shares during the period. Vanguard Information Technology ETF comprises about 0.6% of IFP Advisors Inc’s portfolio, making the stock its 23rd largest holding. IFP Advisors Inc’s holdings in Vanguard Information Technology ETF were worth $36,073,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Keudell Morrison Wealth Management increased its holdings in shares of Vanguard Information Technology ETF by 3.9% during the first quarter. Keudell Morrison Wealth Management now owns 805 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 30 shares in the last quarter. Hilton Head Capital Partners LLC lifted its holdings in shares of Vanguard Information Technology ETF by 3.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 990 shares of the exchange traded fund’s stock worth $691,000 after purchasing an additional 32 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Vanguard Information Technology ETF by 4.7% in the 1st quarter. AdvisorNet Financial Inc now owns 708 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 32 shares in the last quarter. Pure Financial Advisors LLC grew its position in Vanguard Information Technology ETF by 1.8% in the 4th quarter. Pure Financial Advisors LLC now owns 2,198 shares of the exchange traded fund’s stock valued at $1,657,000 after purchasing an additional 38 shares during the period. Finally, First Community Trust NA grew its position in Vanguard Information Technology ETF by 77.4% in the 1st quarter. First Community Trust NA now owns 94 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 41 shares during the period.

Vanguard Information Technology ETF Trading Down 2.9%

Shares of VGT stock opened at $118.83 on Friday. The firm 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 has a 12 month low of $83.09 and a 12 month high of $130.66. The firm has a market capitalization of $146.17 billion, a PE 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.