LPL Financial LLC Has $824.43 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

LPL Financial LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,325,876 shares of the exchange traded fund’s stock after acquiring an additional 137,134 shares during the period. LPL Financial LLC owned 1.05% of Vanguard Information Technology ETF worth $824,430,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Briaud Financial Planning Inc purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Duncker Streett & Co. Inc. purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $35,000. Finally, Copley Financial Group Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $38,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $564.61 on Friday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a market capitalization of $78.64 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. The company has a fifty day moving average of $606.16 and a 200-day moving average of $606.10.

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).