Orographic Financial Advisors LLC Purchases Shares of 5,629 Vanguard Information Technology ETF $VGT

Orographic Financial Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,629 shares of the exchange traded fund’s stock, valued at approximately $3,927,000. Vanguard Information Technology ETF makes up approximately 2.8% of Orographic Financial Advisors LLC’s investment portfolio, making the stock its 7th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Systematic Alpha Investments LLC grew its holdings in Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after buying an additional 576,100 shares in the last quarter. Focus Partners Wealth raised its position in Vanguard Information Technology ETF by 78.8% in the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after buying an additional 571,488 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after acquiring an additional 252,341 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after acquiring an additional 241,421 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in Vanguard Information Technology ETF by 273.3% during the 4th quarter. Corient Private Wealth LLC now owns 314,346 shares of the exchange traded fund’s stock valued at $236,948,000 after acquiring an additional 230,130 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $113.58 on Friday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The company has a market capitalization of $139.24 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm’s fifty day moving average price is $116.62 and its two-hundred day moving average price is $103.23.

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.