Compass Financial Group Increases Stake in Vanguard Information Technology ETF

Compass Financial Group INC SD has increased its holdings in the Vanguard Information Technology ETF (NYSEARCA: VGT) by 3.4% during the third quarter, according to a report from HoldingsChannel. The firm now owns 148,539 shares of the ETF after acquiring an additional 4,893 shares in the recent quarter. This investment represents 16.7% of Compass Financial’s total portfolio, making it the firm’s largest position. As of the latest reporting period, the value of Compass Financial’s holdings in the Vanguard ETF stands at approximately $110,903,000.

Several other institutional investors have also adjusted their positions in the Vanguard Information Technology ETF recently. For instance, Wheelhouse Advisory Group LLC increased its stake by 6.1% in the second quarter, now holding 22,848 shares valued at $15,155,000 after securing an additional 1,317 shares. Endowment Wealth Management Inc. entered the scene with a new investment valued at $289,000 during the same period.

Another notable change came from AMI Investment Management Inc., which raised its position in the ETF by 4.2%, now owning 67,199 shares worth approximately $50,173,000 after purchasing an additional 2,726 shares. Additionally, Asset Planning Services Inc. LA ADV acquired a new position valued at $615,000 in the third quarter, while Americana Partners LLC boosted its stake by 10.1% during the second quarter, bringing its total ownership to 1,631 shares valued at $1,082,000.

Current Market Performance of Vanguard Information Technology ETF

As of Thursday, shares of the Vanguard Information Technology ETF opened at $766.10. The ETF has seen a slight decline of 0.1% recently. The company maintains a fifty-day simple moving average of $759.02 and a two-hundred-day simple moving average of $727.13. With a market capitalization of $114.64 billion, the ETF has a price-to-earnings (P/E) ratio of 34.55 and a beta of 1.25. Over the past year, the ETF has experienced a low of $451.00 and a high of $806.99.

The Vanguard Information Technology ETF aims to track the performance of the MSCI US Investable Market Information Technology 25/50 Index. This index encompasses a broad range of large-, mid-, and small-cap stocks in the information technology sector, as defined by the Global Industry Classification Standard (GICS). The sector includes companies involved in technology software and services, hardware and equipment, and semiconductors, among others.

For those interested in the latest updates on institutional holdings of the Vanguard Information Technology ETF, HoldingsChannel.com offers comprehensive insights including 13F filings and insider trades.