B. Riley Wealth Advisors Inc. Buys Shares of 12,268 Vanguard Information Technology ETF $VGT

B. Riley Wealth Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,268 shares of the exchange traded fund’s stock, valued at approximately $8,137,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its position in Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in Vanguard Information Technology ETF in the first quarter valued at $701,000. American Investment Services Inc. raised its position in shares of Vanguard Information Technology ETF by 42.0% during the 1st quarter. American Investment Services Inc. now owns 795 shares of the exchange traded fund’s stock worth $431,000 after acquiring an additional 235 shares in the last quarter. Schneider Downs Wealth Management Advisors LP purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth approximately $316,000. Finally, 17 Capital Partners LLC boosted its stake in Vanguard Information Technology ETF by 18.2% in the first quarter. 17 Capital Partners LLC now owns 1,304 shares of the exchange traded fund’s stock valued at $707,000 after acquiring an additional 201 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 2.9%

NYSEARCA:VGT opened at $753.93 on Friday. The stock’s 50 day moving average price is $761.46 and its 200 day moving average price is $710.36. The company has a market capitalization of $111.54 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

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).