Cassaday & Co Wealth Management LLC Has $1.33 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cassaday & Co Wealth Management LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 29.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,141 shares of the exchange traded fund’s stock after purchasing an additional 481 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Finally, Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $32,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $641.51 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm’s fifty day moving average price is $629.33 and its 200-day moving average price is $602.85. The stock has a market cap of $80.78 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).