Avantax Planning Partners Inc. Has $4.94 Million Position in Vanguard Information Technology ETF $VGT

Avantax Planning Partners Inc. boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 213.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,079 shares of the exchange traded fund’s stock after acquiring an additional 4,821 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard Information Technology ETF were worth $4,939,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VGT. Sagespring Wealth Partners LLC grew its stake in shares of Vanguard Information Technology ETF by 71.0% during the 4th quarter. Sagespring Wealth Partners LLC now owns 3,388 shares of the exchange traded fund’s stock valued at $2,554,000 after acquiring an additional 1,407 shares during the period. McClarren Financial Advisors Inc. raised its stake in Vanguard Information Technology ETF by 62.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 6,468 shares of the exchange traded fund’s stock worth $4,875,000 after acquiring an additional 2,492 shares during the period. Magnolia Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth approximately $13,669,000. Allworth Financial LP lifted its holdings in Vanguard Information Technology ETF by 7.7% during the third quarter. Allworth Financial LP now owns 13,603 shares of the exchange traded fund’s stock valued at $10,157,000 after purchasing an additional 969 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in Vanguard Information Technology ETF by 1,665.5% during the third quarter. Focus Partners Wealth now owns 725,567 shares of the exchange traded fund’s stock valued at $541,734,000 after purchasing an additional 684,470 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $115.58 on Tuesday. Vanguard Information Technology ETF has a 52-week low of $83.00 and a 52-week high of $126.00. The firm has a market capitalization of $141.69 billion, a PE ratio of 34.55 and a beta of 1.34. The stock has a fifty day simple moving average of $116.22 and a two-hundred day simple moving average of $101.53.

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.