Latitude Advisors LLC Boosts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Latitude Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,737 shares of the exchange traded fund’s stock after acquiring an additional 121 shares during the quarter. Latitude Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. Wulff Hansen & CO. boosted its position in shares of Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after buying an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC boosted its holdings in Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after buying an additional 307,580 shares during the period. Cetera Investment Advisers increased its stake in Vanguard Information Technology ETF by 665.9% in the 1st quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after buying an additional 205,928 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in Vanguard Information Technology ETF by 263.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after buying an additional 123,866 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.7 %

NYSEARCA:VGT opened at $586.47 on Friday. The stock has a 50-day moving average price of $580.74 and a 200 day moving average price of $561.41. The stock has a market capitalization of $73.85 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $418.22 and a 12-month high of $612.05.

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).