Rockwood Wealth Management LLC Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Rockwood Wealth Management LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,480 shares of the exchange traded fund’s stock after buying an additional 70 shares during the quarter. Vanguard Information Technology ETF makes up 0.2% of Rockwood Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Rockwood Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. JPMorgan Chase & Co. increased its stake in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Information Technology ETF by 3.7% in the 2nd 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, Stifel Financial Corp boosted its position in shares of Vanguard Information Technology ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after acquiring an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT opened at $640.13 on Friday. The stock has a market capitalization of $80.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a fifty day moving average of $629.27 and a 200 day moving average of $596.39. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).