Mission Wealth Management LP raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 1,897.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 115,086 shares of the exchange traded fund’s stock after buying an additional 109,325 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard Information Technology ETF were worth $13,755,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Folger Nolan Fleming Douglas Capital Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 690.1% in the second quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after acquiring an additional 1,203,781 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of Vanguard Information Technology ETF by 704.1% during the second quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after acquiring an additional 899,479 shares during the last quarter. Systematic Alpha Investments LLC boosted its stake in shares of Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after acquiring an additional 576,100 shares during the last quarter. Focus Partners Wealth increased its position in Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after purchasing an additional 571,488 shares in the last quarter. Finally, Spire Wealth Management increased its position in Vanguard Information Technology ETF by 669.8% during the 2nd quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after purchasing an additional 500,833 shares in the last quarter.
Vanguard Information Technology ETF Trading Down 0.3%
Shares of VGT stock opened at $122.56 on Friday. The firm has a 50-day moving average price of $116.58 and a 200 day moving average price of $105.11. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market capitalization of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.
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). 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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