Dakota Wealth Management Boosts Position in Vanguard Information Technology ETF $VGT

Dakota Wealth Management grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,541 shares of the exchange traded fund’s stock after acquiring an additional 1,099 shares during the period. Dakota Wealth Management’s holdings in Vanguard Information Technology ETF were worth $5,630,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VGT. Insight Advisors LLC PA boosted its holdings in Vanguard Information Technology ETF by 0.7% in the third quarter. Insight Advisors LLC PA now owns 5,166 shares of the exchange traded fund’s stock valued at $3,868,000 after purchasing an additional 36 shares during the last quarter. DecisionPoint Financial LLC raised its stake in shares of Vanguard Information Technology ETF by 26.2% during the 3rd quarter. DecisionPoint Financial LLC now owns 217 shares of the exchange traded fund’s stock valued at $163,000 after buying an additional 45 shares during the last quarter. Fortis Capital Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 6.1% in the 3rd quarter. Fortis Capital Management LLC now owns 573 shares of the exchange traded fund’s stock valued at $428,000 after buying an additional 33 shares during the period. Verus Capital Partners LLC boosted its stake in shares of Vanguard Information Technology ETF by 3.9% in the third quarter. Verus Capital Partners LLC now owns 1,217 shares of the exchange traded fund’s stock worth $909,000 after buying an additional 46 shares during the last quarter. Finally, Transatlantique Private Wealth LLC boosted its stake in shares of Vanguard Information Technology ETF by 7.7% in the third quarter. Transatlantique Private Wealth LLC now owns 12,137 shares of the exchange traded fund’s stock worth $9,062,000 after buying an additional 867 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 1.4%

Shares of VGT stock opened at $737.30 on Wednesday. The stock has a 50 day moving average of $750.48 and a 200 day moving average of $744.40. The stock has a market cap of $110.33 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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). 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.