N.E.W. Advisory Services LLC Takes $2.57 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

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N.E.W. Advisory Services LLC acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 9,204 shares of the exchange traded fund’s stock, valued at approximately $2,565,000. Vanguard Information Technology ETF accounts for about 0.8% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 25th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC increased its position in shares of Vanguard Information Technology ETF by 345.5% in the second quarter. Bogart Wealth LLC now owns 98 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Baldwin Brothers Inc. MA purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $26,000. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Vanguard Information Technology ETF by 166.0% during the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 133 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 83 shares during the period. Total Clarity Wealth Management Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $35,000. Finally, Ellevest Inc. boosted its stake in shares of Vanguard Information Technology ETF by 135.3% during the second quarter. Ellevest Inc. now owns 160 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 92 shares during the period.

VGT stock traded down $1.92 on Thursday, reaching $285.71. The company’s stock had a trading volume of 7,041 shares, compared to its average volume of 1,089,064. The business has a fifty day simple moving average of $268.56 and a two-hundred day simple moving average of $247.44. Vanguard Information Technology ETF has a 12-month low of $179.45 and a 12-month high of $288.12.

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).

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Want to see what other hedge funds are holding VGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Information Technology ETF (NYSEARCA:VGT).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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