Main Management LLC Acquires 10,300 Shares of Vanguard Information Technology ETF $VGT

Main Management LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 270.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,110 shares of the exchange traded fund’s stock after purchasing an additional 10,300 shares during the quarter. Vanguard Information Technology ETF accounts for 0.7% of Main Management LLC’s investment portfolio, making the stock its 25th biggest position. Main Management LLC’s holdings in Vanguard Information Technology ETF were worth $9,359,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VGT. Wheelhouse Advisory Group LLC grew its holdings in Vanguard Information Technology ETF by 6.1% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after acquiring an additional 1,317 shares during the last quarter. Endowment Wealth Management Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $289,000. Americana Partners LLC boosted its holdings in shares of Vanguard Information Technology ETF by 10.1% during the second quarter. Americana Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $1,082,000 after purchasing an additional 149 shares during the period. American National Bank & Trust grew its stake in shares of Vanguard Information Technology ETF by 173.3% in the second quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after purchasing an additional 104 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Vanguard Information Technology ETF by 20.9% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 6,713 shares of the exchange traded fund’s stock worth $4,442,000 after purchasing an additional 1,161 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $737.57 on Thursday. The stock has a market cap of $109.12 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock 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 has a fifty-two week low of $451.00 and a fifty-two week high of $806.99.

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).