Compass Financial Management LLC Invests $9.51 Million in Vanguard Information Technology ETF $VGT

Compass Financial Management LLC acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 79,360 shares of the exchange traded fund’s stock, valued at approximately $9,508,000. Vanguard Information Technology ETF makes up approximately 1.1% of Compass Financial Management LLC’s investment portfolio, making the stock its 15th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Plancorp LLC raised its position in Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 14 shares during the period. Sand Hill Global Advisors LLC boosted its position in 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 buying an additional 14 shares during the period. Running Point Capital Advisors LLC grew its stake 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 buying an additional 15 shares during the last quarter. Moneco Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 2.2% during the fourth quarter. Moneco Advisors LLC now owns 839 shares of the exchange traded fund’s stock valued at $632,000 after buying an additional 18 shares during the last quarter. Finally, TAGStone Capital Inc. grew its stake in shares of Vanguard Information Technology ETF by 1.0% during the fourth quarter. TAGStone Capital Inc. now owns 1,792 shares of the exchange traded fund’s stock valued at $1,351,000 after buying an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.1%

VGT opened at $118.42 on Friday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The business’s 50-day moving average price is $116.99 and its 200-day moving average price is $105.96. The company has a market cap of $145.17 billion, a P/E 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.