Crewe Advisors LLC Buys 1,411 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Crewe Advisors LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,054 shares of the exchange traded fund’s stock after acquiring an additional 1,411 shares during the quarter. Vanguard Information Technology ETF comprises approximately 1.6% of Crewe Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Crewe Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $14,108,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Wulff Hansen & CO. increased its holdings in shares of 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 valued at $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after buying an additional 1,504,206 shares during the period. LPL Financial LLC increased its stake in shares of Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after buying an additional 26,845 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 acquiring an additional 17,933 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of 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 acquiring an additional 4,910 shares during the period.

Vanguard Information Technology ETF Stock Up 0.4 %

Shares of VGT stock opened at $621.58 on Friday. The firm has a market cap of $78.27 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $454.77 and a 12 month high of $626.45. The stock has a 50-day moving average price of $596.82 and a 200 day moving average price of $573.47.

Vanguard Information Technology ETF 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).