Redwood Financial Network Corp Grows Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Redwood Financial Network Corp lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,486 shares of the exchange traded fund’s stock after buying an additional 204 shares during the period. Vanguard Information Technology ETF comprises 1.7% of Redwood Financial Network Corp’s holdings, making the stock its 12th largest holding. Redwood Financial Network Corp’s holdings in Vanguard Information Technology ETF were worth $2,010,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Triad Wealth Partners LLC bought a new stake in Vanguard Information Technology ETF in the second quarter worth $32,000. Richardson Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the first quarter valued at $29,000. Family Firm Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $35,000. Opal Wealth Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the 1st quarter worth about $34,000. Finally, MTM Investment Management LLC bought a new position in Vanguard Information Technology ETF during the 1st quarter valued at about $35,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $540.26 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $609.15. The company’s 50-day moving average is $567.42 and its 200 day moving average is $543.44. The firm has a market capitalization of $68.03 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).