Farther Finance Advisors LLC Buys 2,014 Shares of Vanguard Information Technology ETF $VGT

Farther Finance Advisors LLC raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.9% in the third quarter, Holdings Channel reports. The institutional investor owned 13,934 shares of the exchange traded fund’s stock after buying an additional 2,014 shares during the quarter. Farther Finance Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $10,404,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LongView Wealth Management boosted its position in shares of Vanguard Information Technology ETF by 3.9% in the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after acquiring an additional 14 shares during the period. PDS Planning Inc lifted its stake in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after purchasing an additional 15 shares in the last quarter. Chesapeake Wealth Management boosted its holdings in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock valued at $1,019,000 after purchasing an additional 15 shares during the period. GAMMA Investing LLC grew its position in shares of Vanguard Information Technology ETF by 3.8% during the 3rd quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 15 shares in the last quarter. Finally, Wescott Financial Advisory Group LLC increased its holdings in shares of Vanguard Information Technology ETF by 3.1% in the second quarter. Wescott Financial Advisory Group LLC now owns 531 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 16 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $760.78 on Tuesday. The company has a market capitalization of $112.56 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The business’s fifty day moving average is $760.15 and its 200 day moving average is $716.65.

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). 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.