Advisors Preferred LLC Grows Stake in Vanguard Information Technology ETF $VGT

Advisors Preferred LLC boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 81.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,694 shares of the exchange traded fund’s stock after buying an additional 12,865 shares during the period. Vanguard Information Technology ETF makes up approximately 3.2% of Advisors Preferred LLC’s portfolio, making the stock its 6th biggest position. Advisors Preferred LLC’s holdings in Vanguard Information Technology ETF were worth $21,593,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VGT. Brighton Jones LLC raised its position in shares of Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares during the period. AQR Capital Management LLC increased its stake in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Vanguard Information Technology ETF by 378.1% during the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after buying an additional 5,309 shares during the last quarter. Finally, Moloney Securities Asset Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 23.4% in the second quarter. Moloney Securities Asset Management LLC now owns 2,106 shares of the exchange traded fund’s stock valued at $1,397,000 after buying an additional 399 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $737.60 on Friday. The company has a 50-day moving average price of $751.04 and a 200-day moving average price of $743.53. The stock has a market capitalization of $110.37 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year 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.