Trivant Custom Portfolio Group LLC Purchases 9,928 Shares of Vanguard Information Technology ETF $VGT

Trivant Custom Portfolio Group LLC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 638.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 11,482 shares of the exchange traded fund’s stock after acquiring an additional 9,928 shares during the quarter. Trivant Custom Portfolio Group LLC’s holdings in Vanguard Information Technology ETF were worth $1,372,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of VGT. First Merchants Corp lifted its position in shares of Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after acquiring an additional 292,331 shares during the period. Innovative Wealth Building LLC grew its holdings in shares of Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after purchasing an additional 51,687 shares in the last quarter. Clark Asset Management LLC increased its position in shares of Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 5,014 shares during the period. Financial & Tax Architects LLC bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth $491,000. Finally, Baron Financial Group LLC raised its stake in Vanguard Information Technology ETF by 700.0% in the second quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 4,396 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.8%

VGT opened at $118.80 on Thursday. The stock has a market capitalization of $145.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a 50-day simple moving average of $116.91 and a 200 day simple moving average of $105.69.

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.