Gateway Wealth Partners LLC Purchases 167 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Gateway Wealth Partners LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,627 shares of the exchange traded fund’s stock after buying an additional 167 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,011,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. Thrivent Financial for Lutherans boosted its position in Vanguard Information Technology ETF by 0.9% in the second quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock valued at $2,343,000 after buying an additional 37 shares in the last quarter. Marshall Wace LLP boosted its position in Vanguard Information Technology ETF by 187.7% in the second quarter. Marshall Wace LLP now owns 5,521 shares of the exchange traded fund’s stock valued at $3,183,000 after buying an additional 3,602 shares in the last quarter. Squarepoint Ops LLC boosted its position in Vanguard Information Technology ETF by 19.4% in the second quarter. Squarepoint Ops LLC now owns 2,966 shares of the exchange traded fund’s stock valued at $1,710,000 after buying an additional 481 shares in the last quarter. AQR Capital Management LLC boosted its position in Vanguard Information Technology ETF by 44.2% in the second quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock valued at $527,000 after buying an additional 280 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $291,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $625.71 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm has a market capitalization of $78.79 billion, a P/E ratio of 36.30 and a beta of 1.41. The company’s 50 day moving average price is $629.32 and its two-hundred day moving average price is $596.38.

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).