McNaughton Wealth Management LLC Has $2.16 Million Stock Holdings in Vanguard Information Technology ETF $VGT

McNaughton Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,072 shares of the exchange traded fund’s stock after buying an additional 15,813 shares during the period. McNaughton Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,160,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $30,000. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000.

Vanguard Information Technology ETF Trading Down 0.4%

NYSEARCA VGT opened at $119.72 on Thursday. The company has a market cap of $146.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The company has a 50 day moving average of $116.65 and a 200-day moving average of $103.85. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

Vanguard Information Technology ETF 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.