Kingswood Wealth Advisors LLC Boosts Stock Position in Vanguard Information Technology ETF $VGT

Kingswood Wealth Advisors LLC boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 58.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,073 shares of the exchange traded fund’s stock after purchasing an additional 5,213 shares during the quarter. Vanguard Information Technology ETF comprises about 0.6% of Kingswood Wealth Advisors LLC’s holdings, making the stock its 26th largest position. Kingswood Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $10,507,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VGT. LongView Wealth Management raised its position in shares of Vanguard Information Technology ETF by 3.9% in the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after buying an additional 14 shares during the last quarter. PDS Planning Inc grew its stake in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after acquiring an additional 15 shares during the period. Chesapeake Wealth Management grew its stake in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock worth $1,019,000 after acquiring an additional 15 shares during the period. GAMMA Investing LLC raised its holdings in Vanguard Information Technology ETF by 3.8% in the 3rd quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after acquiring an additional 15 shares during the last quarter. Finally, Lauer Wealth LLC lifted its stake in shares of Vanguard Information Technology ETF by 3.4% during the 3rd quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock worth $348,000 after purchasing an additional 15 shares during the period.

Vanguard Information Technology ETF Stock Down 0.1%

VGT stock opened at $766.10 on Thursday. The stock has a market capitalization of $114.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The stock’s fifty day simple moving average is $759.02 and its 200-day simple moving average is $727.13.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.