Waverly Advisors LLC Grows Holdings in Vanguard Information Technology ETF $VGT

Waverly Advisors LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 997.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,966 shares of the exchange traded fund’s stock after buying an additional 132,660 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $17,446,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VGT. HighTower Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 762.8% in the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares during the last quarter. Florida Trust Wealth Management Co grew its holdings in shares of Vanguard Information Technology ETF by 725.8% during the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after purchasing an additional 19,104 shares during the last quarter. First Merchants Corp raised its position in Vanguard Information Technology ETF by 744.7% in the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after purchasing an additional 292,331 shares during the period. Innovative Wealth Building LLC raised its position in Vanguard Information Technology ETF by 748.5% in the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after purchasing an additional 51,687 shares during the period. Finally, Clark Asset Management LLC lifted its stake in Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 5,014 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.2%

Vanguard Information Technology ETF stock opened at $121.05 on Wednesday. The firm has a fifty day simple moving average of $117.48 and a two-hundred day simple moving average of $108.40. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market capitalization of $148.40 billion, a PE ratio of 34.55 and a beta of 1.35.

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.