KFG Wealth Management LLC Has $1.43 Million Stake in Vanguard Information Technology ETF $VGT

KFG Wealth Management LLC lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 701.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,952 shares of the exchange traded fund’s stock after acquiring an additional 10,460 shares during the quarter. KFG Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,429,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VGT. Brighton Jones LLC lifted its holdings in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Vanguard Information Technology ETF by 80.9% in the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after purchasing an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. raised its position in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 5,309 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 149 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $119.13 on Thursday. The firm has a 50-day moving average of $117.10 and a 200-day moving average of $107.57. The stock has a market cap of $146.04 billion, a PE 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.

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.