SVB Wealth LLC Increases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

SVB Wealth LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 67.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,565 shares of the exchange traded fund’s stock after buying an additional 1,433 shares during the period. SVB Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $1,725,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Financial Counselors Inc. lifted its stake in shares of Vanguard Information Technology ETF by 0.5% during the fourth quarter. Financial Counselors Inc. now owns 4,078 shares of the exchange traded fund’s stock valued at $1,974,000 after buying an additional 20 shares during the period. Salem Investment Counselors Inc. lifted its stake in shares of Vanguard Information Technology ETF by 7.6% during the fourth quarter. Salem Investment Counselors Inc. now owns 327 shares of the exchange traded fund’s stock valued at $158,000 after buying an additional 23 shares during the period. Grey Fox Wealth Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 3.7% during the fourth quarter. Grey Fox Wealth Advisors LLC now owns 644 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 23 shares during the period. Franklin Resources Inc. increased its position in Vanguard Information Technology ETF by 1.0% during the second quarter. Franklin Resources Inc. now owns 2,366 shares of the exchange traded fund’s stock worth $1,046,000 after purchasing an additional 24 shares during the last quarter. Finally, Octavia Wealth Advisors LLC increased its position in Vanguard Information Technology ETF by 4.2% during the third quarter. Octavia Wealth Advisors LLC now owns 619 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 25 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $492.96 on Friday. Vanguard Information Technology ETF has a one year low of $368.39 and a one year high of $536.63. The company has a 50 day moving average price of $517.48 and a 200 day moving average price of $480.15. The firm has a market capitalization of $62.07 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37.

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).