Capital Investment Advisors LLC Has $1.76 Million Stock Position in Vanguard Information Technology ETF $VGT

Capital Investment Advisors LLC decreased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,646 shares of the exchange traded fund’s stock after selling 281 shares during the period. Capital Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,755,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of VGT. Brighton Jones LLC grew its stake in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the last quarter. Fiduciary Alliance LLC grew its stake in shares of Vanguard Information Technology ETF by 9.1% in the first quarter. Fiduciary Alliance LLC now owns 680 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 57 shares during the last quarter. Merit Financial Group LLC boosted its stake in Vanguard Information Technology ETF by 83.0% during the first quarter. Merit Financial Group LLC now owns 13,628 shares of the exchange traded fund’s stock worth $7,391,000 after buying an additional 6,183 shares in the last quarter. RFG Advisory LLC boosted its stake in Vanguard Information Technology ETF by 3.4% during the first quarter. RFG Advisory LLC now owns 3,453 shares of the exchange traded fund’s stock worth $1,873,000 after buying an additional 112 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Vanguard Information Technology ETF by 164.5% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 8,312 shares of the exchange traded fund’s stock worth $4,508,000 after buying an additional 5,170 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $752.52 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $753.59. The firm’s fifty day moving average price is $707.63 and its two-hundred day moving average price is $633.34. The company has a market capitalization of $106.82 billion, a P/E ratio of 34.55 and a beta of 1.16.

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).