HighRoad Wealth Advisors LLC Grows Position in Vanguard Information Technology ETF $VGT

HighRoad Wealth Advisors LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 8,161 shares of the exchange traded fund’s stock after buying an additional 7,141 shares during the quarter. Vanguard Information Technology ETF comprises approximately 0.8% of HighRoad Wealth Advisors LLC’s portfolio, making the stock its 13th biggest position. HighRoad Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $975,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VGT. First Merchants Corp raised its holdings in shares of Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after purchasing an additional 292,331 shares during the last quarter. Clark Asset Management LLC lifted its position in Vanguard Information Technology ETF by 1,004.8% during the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 5,014 shares during the period. Baron Financial Group LLC boosted its holdings in Vanguard Information Technology ETF by 700.0% in the second quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 4,396 shares during the last quarter. Abound Wealth Management boosted its holdings in Vanguard Information Technology ETF by 668.5% in the second quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 4,439 shares during the last quarter. Finally, Ballast Inc. grew its position in Vanguard Information Technology ETF by 848.4% in the 2nd quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock worth $5,977,000 after purchasing an additional 44,736 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $122.56 on Monday. The company has a market cap of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50 day simple moving average of $116.58 and a two-hundred day simple moving average of $105.18. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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.