Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Bought by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,299 shares of the exchange traded fund’s stock after purchasing an additional 209 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,935,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Haverford Trust Co increased its holdings in shares of Vanguard Information Technology ETF by 0.9% in the 3rd quarter. Haverford Trust Co now owns 13,084 shares of the exchange traded fund’s stock valued at $7,674,000 after purchasing an additional 115 shares during the period. Empower Advisory Group LLC grew its holdings in shares of Vanguard Information Technology ETF by 4.6% during the 3rd quarter. Empower Advisory Group LLC now owns 8,442 shares of the exchange traded fund’s stock valued at $4,951,000 after acquiring an additional 372 shares in the last quarter. Moser Wealth Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 9.4% during the third quarter. Moser Wealth Advisors LLC now owns 1,111 shares of the exchange traded fund’s stock worth $652,000 after acquiring an additional 95 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in Vanguard Information Technology ETF by 2.4% in the third quarter. Aptus Capital Advisors LLC now owns 3,560 shares of the exchange traded fund’s stock valued at $2,088,000 after purchasing an additional 85 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in Vanguard Information Technology ETF by 9.0% during the third quarter. Prime Capital Investment Advisors LLC now owns 9,086 shares of the exchange traded fund’s stock valued at $5,329,000 after acquiring an additional 748 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock traded down $0.78 on Wednesday, hitting $622.23. The company’s stock had a trading volume of 180,489 shares, compared to its average volume of 459,645. Vanguard Information Technology ETF has a fifty-two week low of $450.23 and a fifty-two week high of $626.45. The firm’s fifty day moving average price is $586.78 and its 200-day moving average price is $567.77. The stock has a market capitalization of $78.35 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).