Anchor Investment Management LLC Acquires 185,882 Shares of Vanguard Information Technology ETF $VGT

Anchor Investment Management LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 669.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,636 shares of the exchange traded fund’s stock after purchasing an additional 185,882 shares during the quarter. Vanguard Information Technology ETF makes up 1.8% of Anchor Investment Management LLC’s investment portfolio, making the stock its 8th biggest holding. Anchor Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $25,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 194 shares during the last quarter. RHL Group LLC bought a new position in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Owl Creek Wealth Partners LLC raised its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Owl Creek Wealth Partners LLC now owns 288 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 252 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 1,641.2% in the 2nd quarter. Financial Network Wealth Advisors LLC now owns 296 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 279 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded down $0.38 during trading on Tuesday, reaching $118.79. The stock had a trading volume of 2,369,491 shares, compared to its average volume of 4,444,078. The firm’s fifty day moving average is $117.84 and its 200 day moving average is $109.20. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock has a market cap of $145.63 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35.

Vanguard Information Technology ETF Company 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.