Merkkuri Wealth Advisors LLC Increases Holdings in Vanguard Information Technology ETF $VGT

Merkkuri Wealth Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 631.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,469 shares of the exchange traded fund’s stock after purchasing an additional 9,038 shares during the period. Vanguard Information Technology ETF accounts for about 0.8% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 21st largest holding. Merkkuri Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Plancorp LLC increased its stake in shares of Vanguard Information Technology ETF by 0.7% during the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after buying an additional 14 shares during the period. Sand Hill Global Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.9% during the fourth quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 14 shares in the last quarter. Running Point Capital Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 0.7% during the fourth quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after acquiring an additional 15 shares in the last quarter. Moneco Advisors LLC lifted its stake in Vanguard Information Technology ETF by 2.2% in the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock worth $632,000 after acquiring an additional 18 shares during the period. Finally, TAGStone Capital Inc. lifted its stake in Vanguard Information Technology ETF by 1.0% in the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock worth $1,351,000 after acquiring an additional 18 shares during the period.

Vanguard Information Technology ETF Stock Down 0.8%

NYSEARCA:VGT opened at $118.80 on Thursday. The firm’s fifty day simple moving average is $116.91 and its 200 day simple moving average is $105.69. The stock has a market cap of $145.64 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00.

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). 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.