Palo Alto Wealth Advisors LLC Invests $229,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Palo Alto Wealth Advisors LLC acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 377 shares of the exchange traded fund’s stock, valued at approximately $229,000.

A number of other large investors have also bought and sold shares of the business. Planning Capital Management Corp lifted its holdings in shares of Vanguard Information Technology ETF by 8.4% in the third quarter. Planning Capital Management Corp now owns 271 shares of the exchange traded fund’s stock valued at $159,000 after purchasing an additional 21 shares in the last quarter. Schrum Private Wealth Management LLC lifted its stake in Vanguard Information Technology ETF by 41.7% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 4,828 shares of the exchange traded fund’s stock valued at $2,832,000 after acquiring an additional 1,421 shares in the last quarter. Kovack Advisors Inc. boosted its position in Vanguard Information Technology ETF by 6.8% during the 3rd quarter. Kovack Advisors Inc. now owns 3,299 shares of the exchange traded fund’s stock worth $1,935,000 after acquiring an additional 209 shares during the last quarter. Haverford Trust Co grew its stake in shares of Vanguard Information Technology ETF by 0.9% during the 3rd quarter. Haverford Trust Co now owns 13,084 shares of the exchange traded fund’s stock worth $7,674,000 after acquiring an additional 115 shares in the last quarter. Finally, Empower Advisory Group LLC raised its holdings in shares of Vanguard Information Technology ETF by 4.6% in the third quarter. Empower Advisory Group LLC now owns 8,442 shares of the exchange traded fund’s stock valued at $4,951,000 after purchasing an additional 372 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock traded down $0.62 during mid-day trading on Thursday, reaching $619.88. The company’s stock had a trading volume of 124,071 shares, compared to its average volume of 460,520. The business’s 50 day simple moving average is $588.23 and its 200 day simple moving average is $568.14. Vanguard Information Technology ETF has a 12 month low of $452.47 and a 12 month high of $626.45. The company has a market capitalization of $78.06 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).