Austin Wealth Management LLC Buys 157 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Austin Wealth Management LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,490 shares of the exchange traded fund’s stock after acquiring an additional 157 shares during the period. Austin Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,563,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares in the last quarter. Principal Securities Inc. raised its stake in Vanguard Information Technology ETF by 20.4% in the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 113 shares in the last quarter. Carnegie Investment Counsel raised its stake in Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 117 shares in the last quarter. FMR LLC raised its stake in Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after buying an additional 6,396 shares in the last quarter. Finally, Atlantic Family Wealth LLC bought a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $4,181,000.

Vanguard Information Technology ETF Trading Down 0.3 %

NYSEARCA VGT opened at $548.37 on Wednesday. The firm’s fifty day simple moving average is $616.73 and its two-hundred day simple moving average is $606.86. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm has a market capitalization of $76.12 billion, a P/E ratio of 36.18 and a beta of 1.16.

About Vanguard Information Technology ETF

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).