Vanguard Information Technology ETF $VGT Shares Bought by Chapin Davis Inc.

Chapin Davis Inc. grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,943 shares of the exchange traded fund’s stock after acquiring an additional 8,701 shares during the quarter. Chapin Davis Inc.’s holdings in Vanguard Information Technology ETF were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of Vanguard Information Technology ETF by 1.6% in the 1st 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 buying an additional 241,421 shares during the period. Trilogy Capital Inc. raised its stake in Vanguard Information Technology ETF by 604.7% during the second quarter. Trilogy Capital Inc. now owns 34,666 shares of the exchange traded fund’s stock worth $4,143,000 after acquiring an additional 29,747 shares during the period. Fifth Third Bancorp raised its stake in Vanguard Information Technology ETF by 143.1% during the first quarter. Fifth Third Bancorp now owns 118,764 shares of the exchange traded fund’s stock worth $82,864,000 after acquiring an additional 69,911 shares during the period. CoreCap Advisors LLC raised its stake in Vanguard Information Technology ETF by 704.3% during the second quarter. CoreCap Advisors LLC now owns 154,381 shares of the exchange traded fund’s stock worth $18,452,000 after acquiring an additional 135,186 shares during the period. Finally, Everest Financial Group LLC bought a new position in Vanguard Information Technology ETF in the first quarter worth about $3,937,000.

Vanguard Information Technology ETF Stock Down 0.4%

Shares of VGT stock opened at $119.72 on Thursday. The business has a 50 day moving average of $116.65 and a two-hundred day moving average of $103.85. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The company has a market cap of $146.77 billion, a P/E ratio of 34.55 and a beta of 1.34.

About Vanguard Information Technology ETF

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.