Wealthfront Advisers LLC Buys 186,139 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Wealthfront Advisers LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 621.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 216,100 shares of the exchange traded fund’s stock after purchasing an additional 186,139 shares during the quarter. Wealthfront Advisers LLC owned 0.17% of Vanguard Information Technology ETF worth $134,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 29 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Vanguard Information Technology ETF by 20.4% during the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares during the last quarter. Carnegie Investment Counsel grew its holdings in shares of Vanguard Information Technology ETF by 5.4% during the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the last quarter. FMR LLC grew its holdings in shares of Vanguard Information Technology ETF by 11.0% during the 3rd 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 last quarter. Finally, Atlantic Family Wealth LLC bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $4,181,000.

Vanguard Information Technology ETF Trading Down 4.5 %

Shares of Vanguard Information Technology ETF stock opened at $550.07 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The firm has a market capitalization of $76.36 billion, a PE ratio of 36.18 and a beta of 1.16. The firm’s 50 day moving average is $618.20 and its 200 day moving average is $607.09.

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).