Continuum Advisory LLC Buys 5,884 Shares of Vanguard Information Technology ETF $VGT

Continuum Advisory LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 662.6% in the 2nd quarter, Holdings Channel reports. The firm owned 6,772 shares of the exchange traded fund’s stock after acquiring an additional 5,884 shares during the quarter. Continuum Advisory LLC’s holdings in Vanguard Information Technology ETF were worth $809,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in 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 purchasing an additional 598 shares during the period. AQR Capital Management LLC increased its holdings in shares of Vanguard Information Technology ETF by 80.9% in the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. boosted its stake in Vanguard Information Technology ETF by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after buying an additional 305 shares during the period. Schnieders Capital Management LLC. grew its position in Vanguard Information Technology ETF by 378.1% during the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after buying an additional 5,309 shares in the last quarter. Finally, First Trust Advisors LP grew its position in Vanguard Information Technology ETF by 17.9% during the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after buying an additional 149 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.5%

Shares of NYSEARCA VGT opened at $120.88 on Friday. The stock’s 50-day simple moving average is $117.20 and its two-hundred day simple moving average is $107.77. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The firm has a market capitalization of $148.19 billion, a P/E ratio of 34.55 and a beta of 1.35.

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). 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.