Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Raised by Theory Financial LLC

Theory Financial LLC grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,563 shares of the exchange traded fund’s stock after purchasing an additional 1,694 shares during the quarter. Vanguard Information Technology ETF accounts for 2.3% of Theory Financial LLC’s investment portfolio, making the stock its 12th biggest position. Theory Financial LLC’s holdings in Vanguard Information Technology ETF were worth $6,151,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wulff Hansen & CO. raised its holdings in Vanguard Information Technology ETF by 56,640.2% during 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 purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in Vanguard Information Technology ETF by 54,658.6% during 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 purchasing an additional 1,504,206 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard Information Technology ETF by 5.9% during the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after purchasing an additional 64,672 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Information Technology ETF by 3.7% during 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 purchasing an additional 17,933 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings 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 worth $289,357,000 after purchasing an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $602.95 on Monday. Vanguard Information Technology ETF has a 12 month low of $452.47 and a 12 month high of $626.45. The stock has a market cap of $75.92 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock’s 50 day moving average price is $591.06 and its 200 day moving average price is $570.24.

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).