Endowment Wealth Management Inc. Acquires New Position in Vanguard Information Technology ETF $VGT

Endowment Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 436 shares of the exchange traded fund’s stock, valued at approximately $289,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wheelhouse Advisory Group LLC grew its position in Vanguard Information Technology ETF by 6.1% during the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock valued at $15,155,000 after purchasing an additional 1,317 shares in the last quarter. Golden State Wealth Management LLC grew its position in Vanguard Information Technology ETF by 17.5% in the first quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 21 shares in the last quarter. American National Bank & Trust grew its position in Vanguard Information Technology ETF by 173.3% in the second quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after acquiring an additional 104 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Vanguard Information Technology ETF in the first quarter worth approximately $804,000. Finally, Strategic Family Wealth Counselors L.L.C. grew its position in Vanguard Information Technology ETF by 2.0% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 3,496 shares of the exchange traded fund’s stock worth $1,896,000 after acquiring an additional 67 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 4.1%

VGT stock opened at $736.33 on Monday. The company has a market capitalization of $108.94 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $771.58. The firm has a 50 day moving average of $717.25 and a two-hundred day moving average of $643.68.

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).