Sax Wealth Advisors LLC Makes New Investment in Vanguard Information Technology ETF $VGT

Sax Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,960 shares of the exchange traded fund’s stock, valued at approximately $1,300,000.

A number of other institutional investors also recently bought and sold shares of the company. Wheelhouse Advisory Group LLC raised its stake in shares of Vanguard Information Technology ETF by 6.1% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock valued at $15,155,000 after acquiring an additional 1,317 shares during the period. Golden State Wealth Management LLC raised its stake in shares of Vanguard Information Technology ETF by 17.5% in the 1st quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock valued at $77,000 after acquiring an additional 21 shares during the period. American National Bank & Trust raised its stake in shares of Vanguard Information Technology ETF by 173.3% in the 2nd quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock valued at $109,000 after acquiring an additional 104 shares during the period. Sowell Financial Services LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at approximately $804,000. Finally, Strategic Family Wealth Counselors L.L.C. raised its stake in shares of Vanguard Information Technology ETF by 2.0% in the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 3,496 shares of the exchange traded fund’s stock valued at $1,896,000 after acquiring an additional 67 shares during the period.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $768.02 on Thursday. The company’s 50 day simple moving average is $714.47 and its 200-day simple moving average is $640.10. The company has a market capitalization of $110.80 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $768.09.

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).