Regent Peak Wealth Advisors LLC Raises Stock Holdings in Vanguard Information Technology ETF $VGT

Regent Peak Wealth Advisors LLC boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 679.8% during the 2nd quarter, Holdings Channel reports. The firm owned 18,107 shares of the exchange traded fund’s stock after acquiring an additional 15,785 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,164,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $27,000. Wells Financial Advisors INC bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $29,000. RHL Group LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $31,000. Jessup Wealth Management Inc purchased a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Finally, GW&K Investment Management LLC increased its holdings in Vanguard Information Technology ETF by 100.0% during the fourth quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $121.60 on Thursday. The firm has a market cap of $149.07 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm’s 50-day simple moving average is $116.43 and its two-hundred day simple moving average is $104.78.

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.