Fisher Asset Management LLC Acquires 3,803 Shares of Vanguard Information Technology ETF $VGT

Fisher Asset Management LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 67,300 shares of the exchange traded fund’s stock after acquiring an additional 3,803 shares during the quarter. Fisher Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $50,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of VGT. China Universal Asset Management Co. Ltd. raised its holdings in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. First Command Advisory Services Inc. purchased a new stake in Vanguard Information Technology ETF in the third quarter worth about $31,000. Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $31,000. Tripletail Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $40,000. Finally, Kilter Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $37,000.

Vanguard Information Technology ETF Trading Down 1.4%

Vanguard Information Technology ETF stock opened at $723.68 on Wednesday. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The firm has a market capitalization of $108.29 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm has a 50 day moving average of $748.95 and a 200 day moving average of $745.54.

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.