Vanguard Information Technology ETF $VGT Position Boosted by Innovative Wealth Building LLC

Innovative Wealth Building LLC grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,672 shares of the exchange traded fund’s stock after buying an additional 866 shares during the period. Vanguard Information Technology ETF accounts for 3.1% of Innovative Wealth Building LLC’s portfolio, making the stock its 9th biggest position. Innovative Wealth Building LLC’s holdings in Vanguard Information Technology ETF were worth $3,762,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of Vanguard Information Technology ETF by 6.2% during 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 buying an additional 359,822 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $773,405,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Vanguard Information Technology ETF by 7.7% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 726,684 shares of the exchange traded fund’s stock valued at $394,139,000 after buying an additional 51,893 shares during the period. CHURCHILL MANAGEMENT Corp purchased a new stake in Vanguard Information Technology ETF in the second quarter worth $454,530,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Information Technology ETF by 8.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock worth $338,123,000 after purchasing an additional 50,870 shares during the period.

Vanguard Information Technology ETF Stock Down 0.3%

Shares of VGT stock opened at $755.67 on Friday. The stock has a market cap of $109.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The business’s fifty day moving average is $710.39 and its 200 day moving average is $636.51. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $762.83.

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).