Western Wealth Management LLC Acquires 954 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Western Wealth Management LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.9% in the fourth quarter, Holdings Channel reports. The fund owned 13,030 shares of the exchange traded fund’s stock after purchasing an additional 954 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $6,307,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Counselors Inc. increased its holdings in Vanguard Information Technology ETF by 0.5% during the fourth quarter. Financial Counselors Inc. now owns 4,078 shares of the exchange traded fund’s stock valued at $1,974,000 after buying an additional 20 shares during the period. Salem Investment Counselors Inc. grew its holdings in Vanguard Information Technology ETF by 7.6% in the fourth quarter. Salem Investment Counselors Inc. now owns 327 shares of the exchange traded fund’s stock worth $158,000 after purchasing an additional 23 shares during the last quarter. Grey Fox Wealth Advisors LLC grew its holdings in Vanguard Information Technology ETF by 3.7% in the fourth quarter. Grey Fox Wealth Advisors LLC now owns 644 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 23 shares during the last quarter. Franklin Resources Inc. grew its holdings in Vanguard Information Technology ETF by 1.0% in the second quarter. Franklin Resources Inc. now owns 2,366 shares of the exchange traded fund’s stock worth $1,046,000 after purchasing an additional 24 shares during the last quarter. Finally, Octavia Wealth Advisors LLC grew its holdings in Vanguard Information Technology ETF by 4.2% in the third quarter. Octavia Wealth Advisors LLC now owns 619 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 25 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT traded down $4.73 on Thursday, hitting $492.96. The stock had a trading volume of 539,232 shares, compared to its average volume of 478,928. The business’s fifty day moving average price is $517.90 and its 200 day moving average price is $480.06. Vanguard Information Technology ETF has a 52-week low of $368.39 and a 52-week high of $536.63. The stock has a market cap of $62.07 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37.

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).