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

Avidian Wealth Enterprises LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,305 shares of the exchange traded fund’s stock after buying an additional 239 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard Information Technology ETF were worth $4,285,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VGT. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $30,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at $32,000. Bell Investment Advisors Inc purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter worth about $33,000. Halpern Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $33,000. Finally, Family Firm Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth about $35,000.

Vanguard Information Technology ETF Stock Up 1.5 %

VGT stock opened at $594.52 on Wednesday. The business has a 50 day moving average price of $581.32 and a 200 day moving average price of $563.32. The stock has a market cap of $74.86 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $425.99 and a fifty-two week high of $612.05.

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).