Penobscot Investment Management Company Inc. Has $758,000 Stake in Vanguard Information Technology ETF $VGT

Penobscot Investment Management Company Inc. increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,344 shares of the exchange traded fund’s stock after buying an additional 5,551 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Vanguard Information Technology ETF were worth $758,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares during the last quarter. AQR Capital Management LLC increased its holdings in Vanguard Information Technology ETF by 80.9% in the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after purchasing an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after buying an additional 5,309 shares during the period. Finally, First Trust Advisors LP lifted its stake in Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after buying an additional 149 shares during the period.

Vanguard Information Technology ETF Trading Down 2.2%

Shares of VGT opened at $119.79 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The stock has a market cap of $146.85 billion, a P/E ratio of 34.55 and a beta of 1.34. The stock’s 50-day moving average price is $116.78 and its two-hundred day moving average price is $105.53.

Vanguard Information Technology ETF Company 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.