Vanguard Information Technology ETF $VGT Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 402,550 shares of the exchange traded fund’s stock after buying an additional 34,362 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $300,574,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Brighton Jones LLC lifted its holdings in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 598 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after acquiring an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after acquiring an additional 305 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Vanguard Information Technology ETF by 15.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,218 shares of the exchange traded fund’s stock worth $808,000 after purchasing an additional 164 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its holdings in Vanguard Information Technology ETF by 1.5% in the second quarter. Ritholtz Wealth Management now owns 2,052 shares of the exchange traded fund’s stock worth $1,361,000 after purchasing an additional 30 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $730.80 on Friday. The firm has a market cap of $109.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The firm has a fifty day moving average price of $754.81 and a two-hundred day moving average price of $741.86.

Vanguard Information Technology ETF 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). 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.