Schrum Private Wealth Management LLC Has $2.12 Million Stake in Vanguard Information Technology ETF $VGT

Schrum Private Wealth Management LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,201 shares of the exchange traded fund’s stock after purchasing an additional 25 shares during the quarter. Vanguard Information Technology ETF accounts for 1.7% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 12th largest position. Schrum Private Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,123,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cordant Inc. acquired a new position in shares of Vanguard Information Technology ETF in the first quarter valued at $28,000. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Information Technology ETF during the first quarter worth $28,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the first quarter worth $32,000. MorganRosel Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the first quarter worth $33,000. Finally, BankPlus Trust Department raised its stake in Vanguard Information Technology ETF by 169.2% during the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 44 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $768.02 on Thursday. The stock has a fifty day moving average price of $714.47 and a two-hundred day moving average price of $640.10. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $768.09. The firm has a market capitalization of $110.80 billion, a P/E ratio of 34.55 and a beta of 1.16.

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).