Index Fund Advisors Inc. Has $1.10 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Index Fund Advisors Inc. increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,874 shares of the exchange traded fund’s stock after purchasing an additional 22 shares during the quarter. Index Fund Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VGT. Wulff Hansen & CO. raised its holdings 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 valued at $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC raised its stake in Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after purchasing an additional 1,504,206 shares during the period. Liberty Wealth Management LLC lifted its holdings in shares of 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 in the last quarter. Cetera Investment Advisers lifted its holdings in shares of 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 in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of 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 worth $98,572,000 after buying an additional 123,866 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT traded up $1.70 during trading hours on Thursday, hitting $598.79. 52,576 shares of the company’s stock traded hands, compared to its average volume of 460,637. The stock’s fifty day moving average price is $577.75 and its two-hundred day moving average price is $557.30. The firm has a market cap of $75.40 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $610.06.

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).