Vanguard Information Technology ETF $VGT Position Raised by Hobart Private Capital LLC

by · The Markets Daily

Hobart Private Capital LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 641.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,044 shares of the exchange traded fund’s stock after purchasing an additional 111,641 shares during the quarter. Vanguard Information Technology ETF makes up 2.6% of Hobart Private Capital LLC’s investment portfolio, making the stock its 8th largest position. Hobart Private Capital LLC’s holdings in Vanguard Information Technology ETF were worth $15,423,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Center For Asset Management LLC increased its holdings in Vanguard Information Technology ETF by 4.4% in the fourth quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 14 shares during the last quarter. Roman Butler Fullerton & Co. raised its stake in Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 14 shares in the last quarter. Plancorp LLC lifted its holdings in Vanguard Information Technology ETF by 0.7% during the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock worth $1,582,000 after buying an additional 14 shares during the last quarter. Sand Hill Global Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after buying an additional 14 shares during the last quarter. Finally, Fortis Capital Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 0.9% during the 4th quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock worth $1,292,000 after acquiring an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $115.14 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The stock has a market cap of $141.15 billion, a P/E ratio of 34.55 and a beta of 1.34. The stock has a 50-day simple moving average of $116.56 and a 200-day simple moving average of $103.49.

About Vanguard Information Technology ETF

(Free Report)

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.

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