Vanguard Information Technology ETF $VGT Shares Newly Purchased by Madrona Financial Services LLC

Madrona Financial Services LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 100,836 shares of the exchange traded fund’s stock, valued at approximately $12,672,000. Vanguard Information Technology ETF makes up about 2.0% of Madrona Financial Services LLC’s portfolio, making the stock its 19th biggest position.

Several other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE boosted its stake 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 purchasing an additional 241,421 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after purchasing an additional 4,107,038 shares during the last quarter. Systematic Alpha Investments LLC grew its holdings in shares of Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after purchasing an additional 576,100 shares during the last quarter. HighTower Advisors LLC increased its position in Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Vanguard Information Technology ETF by 817.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after purchasing an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $119.17 on Friday. The company has a market cap of $146.59 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm has a 50 day simple moving average of $122.36 and a 200 day simple moving average of $116.05. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66.

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.