Vanguard Information Technology ETF $VGT Stake Boosted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 508.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,744 shares of the exchange traded fund’s stock after purchasing an additional 55,767 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $7,977,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VGT. Sand Hill Global Advisors LLC boosted 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 grew its stake in shares of Vanguard Information Technology ETF by 0.7% in the fourth 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 during the last quarter. Moneco Advisors LLC increased its holdings in shares of 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 worth $632,000 after purchasing an additional 18 shares during the period. TAGStone Capital Inc. increased 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 acquiring an additional 18 shares during the period. Finally, Next Capital Management LLC increased its position in shares of Vanguard Information Technology ETF by 0.7% during the fourth quarter. Next Capital Management LLC now owns 2,773 shares of the exchange traded fund’s stock valued at $2,090,000 after purchasing an additional 18 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $121.07 on Friday. The firm has a market capitalization of $148.42 billion, a PE ratio of 34.55 and a beta of 1.35. The company’s fifty day moving average price is $117.78 and its two-hundred day moving average price is $108.88. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00.

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.