Welch & Forbes LLC Raises Stake in Vanguard Information Technology ETF $VGT

Welch & Forbes LLC boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,360 shares of the exchange traded fund’s stock after purchasing an additional 4,690 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard Information Technology ETF were worth $641,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Plancorp LLC boosted its position 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 worth $1,582,000 after purchasing an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 2.9% in the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after buying an additional 14 shares during the last quarter. Running Point Capital Advisors LLC increased its position in 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 valued at $1,555,000 after buying an additional 15 shares in the last quarter. Moneco Advisors LLC increased its position in Vanguard Information Technology ETF by 2.2% during the 4th quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock valued at $632,000 after buying an additional 18 shares in the last quarter. Finally, TAGStone Capital Inc. raised its stake 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 buying an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.4%

Vanguard Information Technology ETF stock opened at $118.36 on Friday. The business’s fifty day simple moving average is $116.96 and its two-hundred day simple moving average is $105.87. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The company has a market capitalization of $145.10 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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). 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.