Linscomb Wealth Inc. Raises Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Linscomb Wealth Inc. boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 521 shares of the exchange traded fund’s stock after acquiring an additional 38 shares during the period. Linscomb Wealth Inc.’s holdings in Vanguard Information Technology ETF were worth $305,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Stonebridge Capital Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $212,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $1,238,000. Orion Portfolio Solutions LLC raised its holdings in Vanguard Information Technology ETF by 21.2% during the first quarter. Orion Portfolio Solutions LLC now owns 4,356 shares of the exchange traded fund’s stock worth $2,284,000 after purchasing an additional 761 shares in the last quarter. Spirepoint Private Client LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth approximately $410,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock valued at $2,956,000 after buying an additional 179 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $602.95 on Friday. Vanguard Information Technology ETF has a 12 month low of $452.47 and a 12 month high of $626.45. The firm has a market capitalization of $75.92 billion, a P/E ratio of 36.30 and a beta of 1.41. The company’s fifty day moving average price is $591.06 and its 200 day moving average price is $569.16.

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).