WealthTrust Asset Management LLC Buys Shares of 8,313 Vanguard Information Technology ETF $VGT

WealthTrust Asset Management LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 8,313 shares of the exchange traded fund’s stock, valued at approximately $5,514,000. Vanguard Information Technology ETF makes up about 4.1% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sawyer & Company Inc acquired a new position in Vanguard Information Technology ETF in the 2nd quarter valued at about $38,000. Rice Partnership LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $40,000. Blume Capital Management Inc. boosted its position in Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 25 shares during the last quarter. Clearstead Trust LLC acquired a new position in Vanguard Information Technology ETF in the 2nd quarter valued at $45,000. Finally, Dogwood Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth $60,000.

Vanguard Information Technology ETF Trading Up 0.5%

Shares of NYSEARCA:VGT opened at $756.26 on Friday. The firm has a market cap of $111.89 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The stock’s 50-day moving average price is $754.35 and its two-hundred day moving average price is $686.72. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99.

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).