Ignite Planners LLC Buys 716 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Ignite Planners LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,362 shares of the exchange traded fund’s stock after buying an additional 716 shares during the quarter. Vanguard Information Technology ETF accounts for 0.9% of Ignite Planners LLC’s holdings, making the stock its 28th biggest holding. Ignite Planners LLC’s holdings in Vanguard Information Technology ETF were worth $3,731,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Wulff Hansen & CO. raised its holdings in shares of Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after buying an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Information Technology ETF by 54,658.6% during the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after purchasing an additional 1,504,206 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Information Technology ETF by 5.9% during the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after purchasing an additional 64,672 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Information Technology ETF by 3.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after buying an additional 17,933 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after buying an additional 4,910 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $580.98 on Tuesday. The company has a market capitalization of $73.16 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $609.15. The company has a fifty day moving average price of $562.47 and a 200-day moving average price of $550.58.

Vanguard Information Technology ETF Company 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).