KFG Wealth Management LLC Buys New Position in Vanguard Information Technology ETF $VGT

KFG Wealth Management LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,651 shares of the exchange traded fund’s stock, valued at approximately $1,095,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VGT. Brighton Jones LLC boosted its holdings in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares during the period. Vise Technologies Inc. boosted its holdings in Vanguard Information Technology ETF by 378.7% during the 4th quarter. Vise Technologies Inc. now owns 1,666 shares of the exchange traded fund’s stock valued at $1,036,000 after acquiring an additional 1,318 shares during the period. North Star Asset Management Inc. boosted its holdings in Vanguard Information Technology ETF by 109.1% during the 4th quarter. North Star Asset Management Inc. now owns 2,091 shares of the exchange traded fund’s stock valued at $1,300,000 after acquiring an additional 1,091 shares during the period. Vermillion Wealth Management Inc. purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $5,812,000. Finally, American Trust purchased a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $2,419,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $741.17 on Monday. The firm has a market capitalization of $105.21 billion, a P/E ratio of 34.55 and a beta of 1.16. The business’s 50-day moving average is $697.49 and its two-hundred day moving average is $623.91. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $741.80.

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).