Kingswood Wealth Advisors LLC Boosts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kingswood Wealth Advisors LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 2,540 shares of the exchange traded fund’s stock after acquiring an additional 181 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,465,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Bfsg LLC acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter worth about $28,000. OLD Second National Bank of Aurora bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at about $29,000. Richardson Capital Management LLC acquired a new stake in Vanguard Information Technology ETF during the first quarter valued at approximately $29,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth approximately $34,000.

Vanguard Information Technology ETF Trading Down 1.2 %

Vanguard Information Technology ETF stock traded down $6.05 during mid-day trading on Wednesday, reaching $514.43. The company’s stock had a trading volume of 653,264 shares, compared to its average volume of 482,169. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $609.15. The business has a 50 day moving average price of $570.22 and a 200-day moving average price of $534.77. The firm has a market cap of $64.78 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).