Meridian Wealth Management LLC Purchases 427 Shares of Vanguard Information Technology ETF $VGT

Meridian Wealth Management LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,125 shares of the exchange traded fund’s stock after buying an additional 427 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,073,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter worth about $773,405,000. CHURCHILL MANAGEMENT Corp bought a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $454,530,000. JPMorgan Chase & Co. increased its holdings in Vanguard Information Technology ETF by 6.2% during the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock worth $3,322,550,000 after acquiring an additional 359,822 shares during the period. Jones Financial Companies Lllp lifted its stake in Vanguard Information Technology ETF by 210.4% in the 1st quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock worth $47,911,000 after purchasing an additional 59,877 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Information Technology ETF by 8.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after purchasing an additional 50,870 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT opened at $756.26 on Friday. The firm has a market capitalization of $111.89 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The company has a fifty day moving average price of $754.35 and a 200-day moving average price of $687.69.

About Vanguard Information Technology ETF

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).