CMG Global Holdings LLC Has $3.94 Million Stake in Vanguard Information Technology ETF $VGT

CMG Global Holdings LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,232 shares of the exchange traded fund’s stock after buying an additional 957 shares during the quarter. Vanguard Information Technology ETF comprises approximately 1.9% of CMG Global Holdings LLC’s investment portfolio, making the stock its 14th biggest position. CMG Global Holdings LLC’s holdings in Vanguard Information Technology ETF were worth $3,938,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Tower View Wealth Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 1.6% during the 3rd quarter. Tower View Wealth Management LLC now owns 3,466 shares of the exchange traded fund’s stock worth $2,588,000 after purchasing an additional 53 shares in the last quarter. City State Bank lifted its position in Vanguard Information Technology ETF by 1.4% during the third quarter. City State Bank now owns 3,031 shares of the exchange traded fund’s stock worth $2,263,000 after purchasing an additional 41 shares during the period. Regent Peak Wealth Advisors LLC bought a new stake in Vanguard Information Technology ETF during the third quarter worth about $1,791,000. Curran Financial Partners LLC grew its stake in Vanguard Information Technology ETF by 3.0% during the third quarter. Curran Financial Partners LLC now owns 22,421 shares of the exchange traded fund’s stock worth $16,740,000 after buying an additional 656 shares in the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in Vanguard Information Technology ETF by 8.6% in the 3rd quarter. HBK Sorce Advisory LLC now owns 669 shares of the exchange traded fund’s stock valued at $504,000 after buying an additional 53 shares during the period.

Vanguard Information Technology ETF Trading Up 0.1%

Shares of NYSEARCA:VGT opened at $767.17 on Friday. The firm has a 50 day moving average of $761.43 and a 200-day moving average of $719.26. The stock has a market capitalization of $113.50 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99.

Vanguard Information Technology ETF 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.