Vanguard Information Technology ETF $VGT Shares Bought by PFG Investments LLC

PFG Investments LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 776.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 26,106 shares of the exchange traded fund’s stock after acquiring an additional 23,126 shares during the period. PFG Investments LLC’s holdings in Vanguard Information Technology ETF were worth $3,120,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. Bensler LLC boosted its holdings in Vanguard Information Technology ETF by 692.2% during the second quarter. Bensler LLC now owns 12,240 shares of the exchange traded fund’s stock worth $1,463,000 after buying an additional 10,695 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in Vanguard Information Technology ETF by 755.6% during the second quarter. Johnson Investment Counsel Inc. now owns 410,374 shares of the exchange traded fund’s stock worth $49,048,000 after buying an additional 362,411 shares during the period. Wealth Architects LLC increased its holdings in Vanguard Information Technology ETF by 612.5% in the second quarter. Wealth Architects LLC now owns 2,686 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 2,309 shares in the last quarter. Foronjy Financial LLC increased its holdings in Vanguard Information Technology ETF by 698.3% in the second quarter. Foronjy Financial LLC now owns 180,863 shares of the exchange traded fund’s stock valued at $21,617,000 after buying an additional 158,208 shares in the last quarter. Finally, L. Roy Papp & Associates LLP lifted its position in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. L. Roy Papp & Associates LLP now owns 34,992 shares of the exchange traded fund’s stock valued at $4,182,000 after acquiring an additional 30,618 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $122.54 on Tuesday. The firm has a market capitalization of $150.22 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business’s 50 day simple moving average is $116.69 and its 200-day simple moving average is $105.36. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month 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.