Altus Wealth Management LLC Raises Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Altus Wealth Management LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,242 shares of the exchange traded fund’s stock after purchasing an additional 120 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 0.6% of Altus Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Altus Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,394,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VGT. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Vanguard Information Technology ETF by 45.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares in the last quarter. Carnegie Investment Counsel increased its stake in Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after acquiring an additional 117 shares during the last quarter. FMR LLC raised its position in Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares during the period. Citigroup Inc. lifted its stake in shares of Vanguard Information Technology ETF by 21.2% in the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after purchasing an additional 7,223 shares during the last quarter. Finally, Northstar Group Inc. increased its position in shares of Vanguard Information Technology ETF by 3.9% during the 3rd quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock valued at $393,000 after purchasing an additional 25 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $606.78 on Tuesday. The firm has a market capitalization of $76.41 billion, a PE ratio of 36.30 and a beta of 1.41. The stock’s fifty day moving average is $629.27 and its 200 day moving average is $596.30. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).