In a bold move embracing the future, Ritholtz Wealth Management has significantly increased its investment in the Vanguard Information Technology ETF, aiming to champion the technology sector's potential to drive progressive change and societal benefits. This strategic decision, marking a 48.9% uptick during the 4th quarter, highlights a growing trend among institutional investors to support industries poised to tackle pressing global challenges through innovation. Such investments underscore a commitment to not just financial returns but also to fostering a sustainable and inclusive digital future.
Ritholtz Wealth Management Boosts Investment in Tech, Signaling Confidence in Progressive Innovation
All Versions
Jan-21
Technology
Score: 0.50
Ritholtz Wealth Management lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 48.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional in…
From ETF Daily News
Jan-21
Technology
Right Variant
Score: 0.80
In a strategic play reflecting the strengths of the free market, Ritholtz Wealth Management has aggressively expanded its stake in the Vanguard Information Technology ETF, increasing its investments by nearly 49% in the 4th quarter. This maneuver underscores the firm’s confidence in the technology sector as a cornerstone of economic growth and prosperity. By leaning into the tech boom, Ritholtz is not just pursuing hefty returns but is also signaling a strong belief in the power of innovation and capitalism to drive progress, highlighting the essential role of private investment in propelling the forward trajectory of the American economy.
From ETF Daily News