Freedom Investment Management Inc. Raises Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Freedom Investment Management Inc. grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 415 shares of the exchange traded fund’s stock after purchasing an additional 53 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $243,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Vanguard Information Technology ETF by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock worth $2,956,000 after acquiring an additional 179 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Vanguard Information Technology ETF by 15.0% during the second quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 21 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Vanguard Information Technology ETF in the second quarter valued at $40,000. Insight Wealth Strategies LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at $547,000. Finally, Mather Group LLC. lifted its holdings in Vanguard Information Technology ETF by 23.2% during the 2nd quarter. Mather Group LLC. now owns 10,377 shares of the exchange traded fund’s stock worth $5,441,000 after buying an additional 1,953 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $622.25 on Monday. The stock’s 50-day simple moving average is $601.79 and its 200-day simple moving average is $577.33. The firm has a market capitalization of $78.35 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $454.77 and a fifty-two week high of $627.57.

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).