MOKAN Wealth Management Inc. Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

MOKAN Wealth Management Inc. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 11,045 shares of the exchange traded fund’s stock, valued at approximately $6,861,000. Vanguard Information Technology ETF comprises 4.4% of MOKAN Wealth Management Inc.’s portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Signaturefd LLC raised its holdings in shares of Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after acquiring an additional 17 shares during the last quarter. Corbyn Investment Management Inc. MD grew its position in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares in the last quarter. Sovereign Financial Group Inc. grew its position in Vanguard Information Technology ETF by 0.9% in the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after purchasing an additional 17 shares in the last quarter. Frank Rimerman Advisors LLC grew its position in Vanguard Information Technology ETF by 3.6% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 18 shares in the last quarter. Finally, Americana Partners LLC grew its position in Vanguard Information Technology ETF by 1.2% in the 3rd quarter. Americana Partners LLC now owns 1,645 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 19 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $639.87 on Friday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The company has a 50-day simple moving average of $628.98 and a two-hundred day simple moving average of $600.54. The company has a market capitalization of $80.57 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).