D.A. Davidson & CO. Raises Holdings in Vanguard Information Technology ETF $VGT

D.A. Davidson & CO. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 30.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,201 shares of the exchange traded fund’s stock after purchasing an additional 3,551 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Information Technology ETF were worth $11,350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. raised its position in shares of Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the second quarter worth about $31,000. Kilter Group LLC purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at about $37,000. Sawyer & Company Inc purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at about $38,000. Finally, Rice Partnership LLC acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at about $40,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $757.42 on Tuesday. The firm has a market capitalization of $112.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company’s 50 day simple moving average is $760.32 and its two-hundred day simple moving average is $725.88. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99.

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.