356 Shares in Vanguard Information Technology ETF $VGT Bought by Meridian Wealth Advisors LLC

Meridian Wealth Advisors LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 356 shares of the exchange traded fund’s stock, valued at approximately $236,000.

Several other hedge funds also recently added to or reduced their stakes in VGT. PDS Planning Inc lifted its position in shares of Vanguard Information Technology ETF by 1.0% during the second quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after purchasing an additional 15 shares during the last quarter. Chesapeake Wealth Management raised its stake in Vanguard Information Technology ETF by 1.0% during the second quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock valued at $1,019,000 after buying an additional 15 shares in the last quarter. Wescott Financial Advisory Group LLC raised its stake in Vanguard Information Technology ETF by 3.1% during the second quarter. Wescott Financial Advisory Group LLC now owns 531 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 16 shares in the last quarter. Anfield Capital Management LLC lifted its holdings in Vanguard Information Technology ETF by 10.6% during the 1st quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 17 shares during the last quarter. Finally, National Wealth Management Group LLC grew its position in shares of Vanguard Information Technology ETF by 0.4% in the 1st quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock worth $2,215,000 after acquiring an additional 17 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.4%

Shares of NYSEARCA VGT opened at $718.89 on Friday. The company has a market capitalization of $106.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The business has a 50 day simple moving average of $756.04 and a 200-day simple moving average of $692.70.

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).