MassMutual Private Wealth & Trust FSB Has $42 Million Stock Holdings in Vanguard Information Technology ETF $VGT

MassMutual Private Wealth & Trust FSB boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 642.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 351,436 shares of the exchange traded fund’s stock after purchasing an additional 304,127 shares during the quarter. Vanguard Information Technology ETF comprises 1.1% of MassMutual Private Wealth & Trust FSB’s holdings, making the stock its 21st biggest position. MassMutual Private Wealth & Trust FSB’s holdings in Vanguard Information Technology ETF were worth $42,004,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in VGT. Kingdom Financial Group LLC. acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth $27,000. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $30,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000.

Vanguard Information Technology ETF Trading Up 1.8%

Vanguard Information Technology ETF stock opened at $115.14 on Tuesday. The firm has a market capitalization of $141.15 billion, a P/E ratio of 34.55 and a beta of 1.34. The business has a 50-day moving average of $116.56 and a 200-day moving average of $103.49. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00.

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.