Vanguard Information Technology ETF $VGT Shares Bought by Fermata Advisors LLC

Fermata Advisors LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,370 shares of the exchange traded fund’s stock after buying an additional 4,699 shares during the quarter. Fermata Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $642,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after acquiring an additional 241,421 shares during the period. Trilogy Capital Inc. lifted its position in Vanguard Information Technology ETF by 604.7% in the second quarter. Trilogy Capital Inc. now owns 34,666 shares of the exchange traded fund’s stock worth $4,143,000 after purchasing an additional 29,747 shares during the period. Fifth Third Bancorp lifted its position in Vanguard Information Technology ETF by 143.1% in the first quarter. Fifth Third Bancorp now owns 118,764 shares of the exchange traded fund’s stock worth $82,864,000 after purchasing an additional 69,911 shares during the period. CoreCap Advisors LLC boosted its stake in Vanguard Information Technology ETF by 704.3% during the 2nd quarter. CoreCap Advisors LLC now owns 154,381 shares of the exchange traded fund’s stock valued at $18,452,000 after purchasing an additional 135,186 shares in the last quarter. Finally, Avantax Planning Partners Inc. boosted its stake in Vanguard Information Technology ETF by 213.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 7,079 shares of the exchange traded fund’s stock valued at $4,939,000 after purchasing an additional 4,821 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $119.60 on Friday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The business’s fifty day moving average is $116.66 and its 200-day moving average is $104.02. The stock has a market cap of $146.62 billion, a PE ratio of 34.55 and a beta of 1.34.

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.