Avidian Wealth Solutions LLC Increases Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Avidian Wealth Solutions LLC grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 21.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,608 shares of the exchange traded fund’s stock after acquiring an additional 1,162 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,198,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cooper Financial Group purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $234,000. Patriot Financial Group Insurance Agency LLC increased its position in Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after buying an additional 153 shares during the period. Ritholtz Wealth Management lifted its stake in Vanguard Information Technology ETF by 2.7% in the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after buying an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF by 23.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after acquiring an additional 584 shares during the period. Finally, Altfest L J & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $243,000.

Vanguard Information Technology ETF Trading Up 2.7 %

Shares of Vanguard Information Technology ETF stock traded up $13.40 during trading on Friday, reaching $509.46. The company’s stock had a trading volume of 438,581 shares, compared to its average volume of 486,565. The company has a 50-day moving average price of $514.09 and a two-hundred day moving average price of $485.14. Vanguard Information Technology ETF has a fifty-two week low of $374.85 and a fifty-two week high of $536.63. The firm has a market cap of $64.15 billion, a PE ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

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).