Vanguard Information Technology ETF $VGT Holdings Lifted by Hobart Private Capital LLC

Hobart Private Capital LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 641.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 129,044 shares of the exchange traded fund’s stock after purchasing an additional 111,641 shares during the quarter. Vanguard Information Technology ETF comprises about 2.6% of Hobart Private Capital LLC’s portfolio, making the stock its 8th biggest position. Hobart Private Capital LLC’s holdings in Vanguard Information Technology ETF were worth $15,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $27,000. Wells Financial Advisors INC acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. RHL Group LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Stock Up 1.8%

Shares of NYSEARCA VGT opened at $115.14 on Tuesday. The stock has a market cap of $141.15 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The business has a 50-day moving average price of $116.56 and a 200 day moving average price of $103.49.

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.