NWM Advisors LLC Acquires 27,323 Shares of Vanguard Information Technology ETF $VGT

NWM Advisors LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 714.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,150 shares of the exchange traded fund’s stock after buying an additional 27,323 shares during the quarter. Vanguard Information Technology ETF makes up 2.9% of NWM Advisors LLC’s portfolio, making the stock its 12th largest position. NWM Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,723,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VGT. Kingdom Financial Group LLC. bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Vanguard Information Technology ETF by 497.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares during the last quarter. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $121.27 on Monday. The stock has a market capitalization of $148.67 billion, a P/E ratio of 34.55 and a beta of 1.35. The company’s 50 day simple moving average is $117.35 and its 200-day simple moving average is $107.98. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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.