FineMark National Bank & Trust Boosts Holdings in Vanguard Information Technology ETF $VGT

FineMark National Bank & Trust grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,503 shares of the exchange traded fund’s stock after purchasing an additional 785 shares during the period. FineMark National Bank & Trust’s holdings in Vanguard Information Technology ETF were worth $1,660,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VGT. Sawyer & Company Inc purchased a new position in Vanguard Information Technology ETF during the second quarter worth about $38,000. Rice Partnership LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter worth about $40,000. Blume Capital Management Inc. increased its position in shares of Vanguard Information Technology ETF by 62.5% in the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 25 shares during the last quarter. Clearstead Trust LLC bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth approximately $45,000. Finally, Financial Gravity Companies Inc. purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $50,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $737.57 on Thursday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The firm has a market cap of $109.12 billion, a PE ratio of 34.55 and a beta of 1.25. The company has a 50 day simple moving average of $756.11 and a two-hundred day simple moving average of $691.45.

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).