Capital & Planning LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 626.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,400 shares of the exchange traded fund’s stock after buying an additional 98,651 shares during the quarter. Vanguard Information Technology ETF accounts for 7.1% of Capital & Planning LLC’s portfolio, making the stock its 6th biggest holding. Capital & Planning LLC’s holdings in Vanguard Information Technology ETF were worth $13,673,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of VGT. Bank of America Corp DE boosted its position in shares of Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after purchasing an additional 252,341 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Information Technology ETF by 657.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after purchasing an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after purchasing an additional 3,227,909 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% in the second 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 purchasing an additional 2,116,095 shares during the period.
Vanguard Information Technology ETF Stock Performance
VGT stock opened at $121.27 on Tuesday. The company’s 50-day moving average price is $117.45 and its 200 day moving average price is $108.19. 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 cap of $148.67 billion, a P/E ratio of 34.55 and a beta of 1.35.
Vanguard Information Technology ETF 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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