Ritholtz Wealth Management Has $2.22 Million Holdings in Vanguard Information Technology ETF $VGT

Ritholtz Wealth Management lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 44.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,967 shares of the exchange traded fund’s stock after acquiring an additional 915 shares during the quarter. Ritholtz Wealth Management’s holdings in Vanguard Information Technology ETF were worth $2,215,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. China Universal Asset Management Co. Ltd. boosted its position in Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth about $31,000. Tripletail Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $40,000. Kilter Group LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $37,000. Finally, Rice Partnership LLC bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $40,000.

Vanguard Information Technology ETF Stock Down 0.1%

VGT stock opened at $758.95 on Friday. The firm has a 50 day moving average of $756.30 and a two-hundred day moving average of $732.40. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The company has a market capitalization of $113.57 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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.