Johnson Investment Counsel Inc. Raises Stake in Vanguard Information Technology ETF $VGT

Johnson Investment Counsel Inc. lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,293 shares of the exchange traded fund’s stock after acquiring an additional 2,384 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Vanguard Information Technology ETF were worth $18,766,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in VGT. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $773,405,000. CHURCHILL MANAGEMENT Corp bought a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $454,530,000. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after acquiring an additional 359,822 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Information Technology ETF by 210.4% in the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after acquiring an additional 59,877 shares in the last quarter. Finally, SteelPeak Wealth LLC raised its holdings in shares of Vanguard Information Technology ETF by 348.1% in the first quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after acquiring an additional 56,819 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $736.33 on Friday. The business has a 50-day moving average price of $717.25 and a 200 day moving average price of $643.08. The company has a market capitalization of $108.94 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $771.58.

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).