TruWealth Advisors LLC Grows Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

TruWealth Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,768 shares of the exchange traded fund’s stock after acquiring an additional 43 shares during the quarter. TruWealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of VGT. JPMorgan Chase & Co. increased its position in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares during the period. LPL Financial LLC increased its holdings in Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after purchasing an additional 17,933 shares during the period. Stifel Financial Corp lifted its holdings in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after buying an additional 15,742 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock worth $194,842,000 after buying an additional 3,774 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $627.47 on Friday. The stock has a market capitalization of $79.01 billion, a PE ratio of 36.30 and a beta of 1.41. The stock’s 50 day moving average price is $627.16 and its 200-day moving average price is $594.83. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.66.

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).