Welch Group LLC Buys 6,462 Shares of Vanguard Information Technology ETF $VGT

Welch Group LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,384 shares of the exchange traded fund’s stock after purchasing an additional 6,462 shares during the period. Welch Group LLC’s holdings in Vanguard Information Technology ETF were worth $883,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in VGT. Plancorp LLC boosted its holdings in shares of Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after buying an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after acquiring an additional 14 shares in the last quarter. Running Point Capital Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 0.7% during the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock worth $1,555,000 after acquiring an additional 15 shares in the last quarter. Moneco Advisors LLC lifted its position in Vanguard Information Technology ETF by 2.2% during the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock valued at $632,000 after acquiring an additional 18 shares during the last quarter. Finally, TAGStone Capital Inc. lifted its position in Vanguard Information Technology ETF by 1.0% during the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock valued at $1,351,000 after acquiring an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.2%

Shares of VGT opened at $119.79 on Wednesday. The company has a market cap of $146.85 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a 50 day moving average of $116.78 and a two-hundred day moving average of $105.53.

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.