Main Management LLC Purchases 10,300 Shares of Vanguard Information Technology ETF $VGT

Main Management LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 270.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,110 shares of the exchange traded fund’s stock after purchasing an additional 10,300 shares during the quarter. Vanguard Information Technology ETF makes up approximately 0.7% of Main Management LLC’s investment portfolio, making the stock its 25th biggest position. Main Management LLC’s holdings in Vanguard Information Technology ETF were worth $9,359,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of VGT. Brighton Jones LLC grew its stake in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares in the last quarter. Bank of New York Mellon Corp raised its position in Vanguard Information Technology ETF by 4.4% during the first quarter. Bank of New York Mellon Corp now owns 11,994 shares of the exchange traded fund’s stock valued at $6,505,000 after purchasing an additional 510 shares during the period. OneAscent Financial Services LLC lifted its position in Vanguard Information Technology ETF by 56.4% in the first quarter. OneAscent Financial Services LLC now owns 677 shares of the exchange traded fund’s stock worth $368,000 after buying an additional 244 shares during the last quarter. PFG Advisors lifted its holdings in shares of Vanguard Information Technology ETF by 4.7% in the 1st quarter. PFG Advisors now owns 6,284 shares of the exchange traded fund’s stock worth $3,409,000 after acquiring an additional 284 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $2,817,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $737.57 on Thursday. The firm’s 50-day moving average is $756.11 and its 200 day moving average is $691.45. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The company has a market capitalization of $109.12 billion, a PE ratio of 34.55 and a beta of 1.25.

Vanguard Information Technology ETF Company 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).