Fonville Wealth Management LLC Purchases 230 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Fonville Wealth Management LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,240 shares of the exchange traded fund’s stock after acquiring an additional 230 shares during the quarter. Fonville Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,314,000 at the end of the most recent reporting period.

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

Vanguard Information Technology ETF Stock Up 1.3 %

NYSEARCA VGT traded up $7.55 on Friday, reaching $589.85. The company had a trading volume of 163,143 shares, compared to its average volume of 460,224. Vanguard Information Technology ETF has a 52 week low of $418.22 and a 52 week high of $612.05. The stock has a market cap of $74.27 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock’s 50 day moving average is $580.61 and its 200-day moving average is $560.45.

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).