Selway Asset Management Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Selway Asset Management grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,700 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Selway Asset Management’s holdings in Vanguard Information Technology ETF were worth $997,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Wulff Hansen & CO. lifted its stake in Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC lifted its stake in Vanguard Information Technology ETF by 54,658.6% in the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after acquiring an additional 1,504,206 shares during the period. LPL Financial LLC lifted its stake in Vanguard Information Technology ETF by 5.9% in the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after acquiring an additional 64,672 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Information Technology ETF by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after acquiring an additional 17,933 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Vanguard Information Technology ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after buying an additional 4,910 shares during the period.

Vanguard Information Technology ETF Trading Up 0.3 %

Vanguard Information Technology ETF stock traded up $1.85 on Friday, hitting $600.44. 320,889 shares of the stock traded hands, compared to its average volume of 466,224. The firm has a market cap of $75.61 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s fifty day simple moving average is $566.70 and its 200 day simple moving average is $552.77. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15.

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).