Austin Wealth Management LLC Boosts Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Austin Wealth Management LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,490 shares of the exchange traded fund’s stock after purchasing an additional 157 shares during the period. Austin Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,563,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth $31,000. Briaud Financial Planning Inc purchased a new position in Vanguard Information Technology ETF during the 4th quarter worth $31,000. Finally, Coastline Trust Co purchased a new position in Vanguard Information Technology ETF during the 3rd quarter worth $32,000.

Vanguard Information Technology ETF Stock Down 0.3 %

Shares of NYSEARCA:VGT opened at $548.37 on Wednesday. The company has a market cap of $76.12 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. The firm’s 50-day simple moving average is $616.73 and its 200-day simple moving average is $606.86. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).