Sumitomo Mitsui DS Asset Management Company Ltd Buys 22,643 Shares of Vanguard Information Technology ETF $VGT

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 152,810 shares of the exchange traded fund’s stock after purchasing an additional 22,643 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Information Technology ETF were worth $19,204,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Keudell Morrison Wealth Management raised its position in Vanguard Information Technology ETF by 3.9% in the 1st quarter. Keudell Morrison Wealth Management now owns 805 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 30 shares during the last quarter. Hilton Head Capital Partners LLC lifted its holdings in Vanguard Information Technology ETF by 3.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 990 shares of the exchange traded fund’s stock worth $691,000 after buying an additional 32 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in Vanguard Information Technology ETF by 4.7% during the 1st quarter. AdvisorNet Financial Inc now owns 708 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 32 shares in the last quarter. Aegis Wealth Management Inc. boosted its position in Vanguard Information Technology ETF by 3.9% in the 1st quarter. Aegis Wealth Management Inc. now owns 1,162 shares of the exchange traded fund’s stock valued at $811,000 after buying an additional 44 shares during the last quarter. Finally, Brown Lisle Cummings Inc. boosted its position in Vanguard Information Technology ETF by 3.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the exchange traded fund’s stock valued at $1,047,000 after buying an additional 55 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $120.20 on Wednesday. The business’s fifty day moving average price is $122.50 and its two-hundred day moving average price is $115.58. The firm has a market capitalization of $147.85 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $130.66.

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.