Resolute Advisors LLC Grows Stock Position in Vanguard Information Technology ETF $VGT

Resolute Advisors LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 698.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,749 shares of the exchange traded fund’s stock after purchasing an additional 15,527 shares during the period. Vanguard Information Technology ETF makes up 0.5% of Resolute Advisors LLC’s portfolio, making the stock its 23rd largest holding. Resolute Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of Vanguard Information Technology ETF by 1.6% during the first 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 buying an additional 241,421 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 worth $565,516,000 after acquiring an additional 4,107,038 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after acquiring an additional 2,116,095 shares during the period. Finally, Morgan Stanley boosted its holdings in Vanguard Information Technology ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after acquiring an additional 25,901 shares during the period.

Vanguard Information Technology ETF Stock Down 1.3%

Shares of Vanguard Information Technology ETF stock opened at $118.87 on Wednesday. The stock’s fifty day moving average is $117.02 and its two-hundred day moving average is $107.37. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The company has a market capitalization of $145.72 billion, a PE ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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