Mutual Advisors LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 7.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,946 shares of the exchange traded fund’s stock after buying an additional 1,677 shares during the quarter. Mutual Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $19,016,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in VGT. Laurel Wealth Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after purchasing an additional 1,486,367 shares during the last quarter. PGIM Custom Harvest LLC grew its stake in Vanguard Information Technology ETF by 48.7% in the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock worth $518,297,000 after purchasing an additional 255,787 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in shares of Vanguard Information Technology ETF by 2,925.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock worth $101,106,000 after acquiring an additional 147,394 shares in the last quarter. Beacon Capital Management Inc. increased its stake in Vanguard Information Technology ETF by 193.4% during the second quarter. Beacon Capital Management Inc. now owns 193,722 shares of the exchange traded fund’s stock valued at $128,492,000 after purchasing an additional 127,702 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in shares of Vanguard Information Technology ETF by 112.2% during the 2nd quarter. Corient Private Wealth LLC now owns 142,112 shares of the exchange traded fund’s stock valued at $94,271,000 after buying an additional 75,154 shares during the last quarter.
Vanguard Information Technology ETF Price Performance
Shares of VGT opened at $747.92 on Friday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a fifty day moving average price of $758.00 and a 200 day moving average price of $738.34. The company has a market cap of $111.92 billion, a P/E ratio of 34.55 and a beta of 1.25.
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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.
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