Vanguard Information Technology ETF $VGT is Vermillion Wealth Management Inc.’s 5th Largest Position

Vermillion Wealth Management Inc. lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 676.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,590 shares of the exchange traded fund’s stock after buying an additional 94,611 shares during the quarter. Vanguard Information Technology ETF comprises 3.0% of Vermillion Wealth Management Inc.’s portfolio, making the stock its 5th biggest holding. Vermillion Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $12,979,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VGT. Montecito Bank & Trust purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $239,000. Prospera Financial Services Inc boosted its position in shares of Vanguard Information Technology ETF by 560.8% in the second quarter. Prospera Financial Services Inc now owns 102,093 shares of the exchange traded fund’s stock worth $12,206,000 after purchasing an additional 86,642 shares during the period. First PREMIER Bank boosted its position in shares of Vanguard Information Technology ETF by 707.4% in the second quarter. First PREMIER Bank now owns 134,242 shares of the exchange traded fund’s stock worth $16,045,000 after purchasing an additional 117,615 shares during the period. Retirement Investment Advisors Inc. boosted its position in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Retirement Investment Advisors Inc. now owns 3,752 shares of the exchange traded fund’s stock worth $434,000 after purchasing an additional 3,283 shares during the period. Finally, Syntegra Private Wealth Group LLC increased its stake in shares of Vanguard Information Technology ETF by 705.7% in the second quarter. Syntegra Private Wealth Group LLC now owns 4,536 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,973 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $122.56 on Friday. The stock has a fifty day simple moving average of $116.58 and a two-hundred day simple moving average of $105.11. The firm has a market capitalization of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00.

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). 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.