Nvest Financial LLC Boosts Stake in Vanguard Information Technology ETF $VGT

Nvest Financial LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 856.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 6,083 shares of the exchange traded fund’s stock after purchasing an additional 5,447 shares during the quarter. Nvest Financial LLC’s holdings in Vanguard Information Technology ETF were worth $727,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in VGT. Lunt Capital Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Lunt Capital Management Inc. now owns 7,320 shares of the exchange traded fund’s stock valued at $875,000 after buying an additional 6,405 shares in the last quarter. CWS Financial Advisors LLC raised its holdings in Vanguard Information Technology ETF by 701.0% in the second quarter. CWS Financial Advisors LLC now owns 23,453 shares of the exchange traded fund’s stock valued at $2,803,000 after acquiring an additional 20,525 shares in the last quarter. Quadrant Private Wealth Management LLC lifted its position in shares of Vanguard Information Technology ETF by 700.8% during the second quarter. Quadrant Private Wealth Management LLC now owns 3,107 shares of the exchange traded fund’s stock worth $371,000 after purchasing an additional 2,719 shares during the last quarter. Legacy Financial Group Inc. lifted its holdings in Vanguard Information Technology ETF by 677.0% during the 2nd quarter. Legacy Financial Group Inc. now owns 5,921 shares of the exchange traded fund’s stock worth $708,000 after buying an additional 5,159 shares during the last quarter. Finally, Kickstand Ventures LLC. boosted its holdings in Vanguard Information Technology ETF by 701.8% in the second quarter. Kickstand Ventures LLC. now owns 6,286 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 5,502 shares during the period.

Vanguard Information Technology ETF Stock Down 0.4%

Shares of NYSEARCA:VGT opened at $118.36 on Friday. The company has a market cap of $145.10 billion, a PE ratio of 34.55 and a beta of 1.34. The firm has a 50-day simple moving average of $116.96 and a 200 day simple moving average of $105.87. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.

Vanguard Information Technology ETF 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.