Gries Financial LLC Increases Holdings in Vanguard Information Technology ETF $VGT

Gries Financial LLC raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 49.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,638 shares of the exchange traded fund’s stock after buying an additional 541 shares during the quarter. Gries Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Copia Wealth Management purchased a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Cordant Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth $28,000. Sawyer & Company Inc purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth $38,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth $32,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $753.15 on Tuesday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $753.59. The firm has a market capitalization of $106.91 billion, a PE ratio of 34.55 and a beta of 1.16. The stock has a fifty day simple moving average of $699.15 and a two-hundred day simple moving average of $625.15.

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).