Golden State Wealth Management LLC Grows Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Golden State Wealth Management LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141 shares of the exchange traded fund’s stock after buying an additional 21 shares during the period. Golden State Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $77,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Zions Bancorporation N.A. lifted its holdings in shares of Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 24 shares during the last quarter. Crowley Wealth Management Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Copia Wealth Management bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. Briaud Financial Planning Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Finally, Cordant Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth approximately $28,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $674.02 on Monday. The firm has a 50 day moving average price of $613.84 and a 200-day moving average price of $596.04. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $675.80. The firm has a market cap of $95.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).