Beacon Investment Advisory Services Inc. Has $1.61 Million Holdings in Vanguard Information Technology ETF $VGT

Beacon Investment Advisory Services Inc. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 772.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,476 shares of the exchange traded fund’s stock after purchasing an additional 11,931 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Information Technology ETF were worth $1,611,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VGT. Brighton Jones LLC raised its position in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of 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 worth $2,249,000 after acquiring an additional 1,854 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of 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 worth $61,288,000 after acquiring an additional 305 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after acquiring an additional 5,309 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $121.45 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company has a market cap of $148.89 billion, a P/E ratio of 34.55 and a beta of 1.34. The firm has a 50 day simple moving average of $116.67 and a two-hundred day simple moving average of $104.14.

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.