WMG Financial Advisors LLC Has $2 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

WMG Financial Advisors LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 30.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,210 shares of the exchange traded fund’s stock after acquiring an additional 756 shares during the period. Vanguard Information Technology ETF makes up about 0.9% of WMG Financial Advisors LLC’s holdings, making the stock its 20th largest position. WMG Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,996,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Duncker Streett & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $35,000.

Vanguard Information Technology ETF Stock Down 3.4 %

Shares of NYSEARCA:VGT opened at $578.36 on Tuesday. The stock has a market cap of $80.29 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The business’s 50 day moving average is $624.95 and its 200 day moving average is $607.26.

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).