Mosaic Advisors LLC Has $4.51 Million Stock Holdings in Vanguard Information Technology ETF $VGT

Mosaic Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,464 shares of the exchange traded fund’s stock after purchasing an additional 5,656 shares during the period. Vanguard Information Technology ETF accounts for approximately 6.1% of Mosaic Advisors LLC’s holdings, making the stock its 7th biggest holding. Mosaic Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,510,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares during the period. Morgan Stanley grew its holdings in Vanguard Information Technology ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock worth $1,621,574,000 after acquiring an additional 25,901 shares during the period. Wells Fargo & Company MN grew its holdings in Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after acquiring an additional 18,634 shares during the period. LPL Financial LLC grew its holdings in Vanguard Information Technology ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock worth $981,363,000 after acquiring an additional 39,217 shares during the period. Finally, Focus Partners Wealth raised its position in shares of Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after acquiring an additional 571,488 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.3%

VGT stock opened at $117.11 on Wednesday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market cap of $143.57 billion, a P/E ratio of 34.55 and a beta of 1.34. The business’s fifty day moving average is $116.42 and its 200-day moving average is $101.68.

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.