Rolek Wealth Management LLC Invests $2.09 Million in Vanguard Information Technology ETF (NYSEARCA:VGT)

Rolek Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,359 shares of the exchange traded fund’s stock, valued at approximately $2,089,000. Vanguard Information Technology ETF makes up approximately 1.6% of Rolek Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding.

A number of other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 29 shares in the last quarter. Carnegie Investment Counsel raised its holdings in Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after acquiring an additional 117 shares in the last quarter. Elevation Capital Advisory LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at $1,983,000. FMR LLC raised its holdings in Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares in the last quarter. Finally, Citigroup Inc. raised its holdings in Vanguard Information Technology ETF by 21.2% in the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after acquiring an additional 7,223 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $645.27 on Thursday. The stock has a market capitalization of $81.25 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average price is $627.46 and its 200 day moving average price is $595.41. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.66.

Vanguard Information Technology ETF Company 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).