KMG Fiduciary Partners LLC Purchases 7,585 Shares of Vanguard Information Technology ETF $VGT

KMG Fiduciary Partners LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 695.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,675 shares of the exchange traded fund’s stock after buying an additional 7,585 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,037,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VGT. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares during the last quarter. Wells Financial Advisors INC acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $120.17 on Wednesday. The stock’s fifty day moving average price is $116.48 and its 200 day moving average price is $104.59. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market cap of $147.32 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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). 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.