Ranch Capital Advisors Inc. Purchases New Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ranch Capital Advisors Inc. acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 358 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other large investors have also made changes to their positions in the business. Heritage Wealth Partners LLC raised its position in Vanguard Information Technology ETF by 4.3% during the second quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 19 shares during the period. Embree Financial Group raised its stake in Vanguard Information Technology ETF by 0.9% in the 2nd quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock valued at $1,331,000 after purchasing an additional 20 shares during the last quarter. GAMMA Investing LLC boosted its stake in 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 buying an additional 21 shares during the last quarter. Cooper Financial Group increased its position in Vanguard Information Technology ETF by 3.8% during the second quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 21 shares during the last quarter. Finally, Slagle Financial LLC boosted its holdings in Vanguard Information Technology ETF by 5.1% in the 2nd quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $579.90 on Friday. The company has a market capitalization of $73.02 billion, a P/E ratio of 36.30 and a beta of 1.41. The company has a 50 day simple moving average of $562.39 and a 200-day simple moving average of $545.72. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15.

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).