Vanguard Information Technology ETF $VGT is Orser Capital Management LLC’s 7th Largest Position

Orser Capital Management LLC lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 707.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 60,781 shares of the exchange traded fund’s stock after purchasing an additional 53,256 shares during the period. Vanguard Information Technology ETF makes up about 3.7% of Orser Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. Orser Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $7,265,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VGT. Brighton Jones LLC grew its holdings in 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 valued at $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after acquiring an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of 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 period. Schnieders Capital Management LLC. increased its position in Vanguard Information Technology ETF by 378.1% during the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Vanguard Information Technology ETF by 17.9% during the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $119.60 on Friday. The company has a market capitalization of $146.62 billion, a PE ratio of 34.55 and a beta of 1.34. The firm’s 50-day moving average is $116.66 and its two-hundred day moving average is $104.02. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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.