NWF Advisory Services Inc. Increases Holdings in Vanguard Information Technology ETF $VGT

NWF Advisory Services Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,353 shares of the exchange traded fund’s stock after purchasing an additional 1,116 shares during the period. Vanguard Information Technology ETF comprises approximately 1.1% of NWF Advisory Services Inc.’s investment portfolio, making the stock its 23rd largest holding. NWF Advisory Services Inc.’s holdings in Vanguard Information Technology ETF were worth $9,520,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 1.1% in the second quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock valued at $4,107,085,000 after acquiring an additional 66,303 shares during the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 210,235.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after purchasing an additional 1,486,367 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $773,405,000. Raymond James Financial Inc. raised its holdings in shares of Vanguard Information Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock worth $557,140,000 after purchasing an additional 51,543 shares during the period. Finally, PGIM Custom Harvest LLC lifted its stake in Vanguard Information Technology ETF by 48.7% in the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after purchasing an additional 255,787 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 2.9%

Shares of NYSEARCA VGT opened at $753.93 on Monday. The stock has a fifty day simple moving average of $761.46 and a two-hundred day simple moving average of $711.09. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The firm has a market cap of $111.54 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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).