Dougherty & Associates LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 719.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,721 shares of the exchange traded fund’s stock after acquiring an additional 73,510 shares during the period. Vanguard Information Technology ETF comprises 8.0% of Dougherty & Associates LLC’s holdings, making the stock its 4th biggest holding. Dougherty & Associates LLC’s holdings in Vanguard Information Technology ETF were worth $10,006,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in VGT. Brighton Jones LLC lifted its holdings in shares of 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 worth $1,438,000 after purchasing an additional 598 shares during the period. AQR Capital Management LLC raised its position in shares of Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. increased its holdings in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Vanguard Information Technology ETF by 378.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after buying an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings 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 acquiring an additional 149 shares during the period.
Vanguard Information Technology ETF Stock Performance
Shares of VGT stock opened at $122.56 on Friday. The firm’s 50-day simple moving average is $116.58 and its two-hundred day simple moving average is $105.11. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a market cap of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.
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). 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.
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