Vanguard Information Technology ETF $VGT Shares Bought by Hartford Financial Management Inc.

Hartford Financial Management Inc. lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 768.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 193,254 shares of the exchange traded fund’s stock after acquiring an additional 171,000 shares during the period. Vanguard Information Technology ETF accounts for 5.2% of Hartford Financial Management Inc.’s portfolio, making the stock its 2nd biggest holding. Hartford Financial Management Inc.’s holdings in Vanguard Information Technology ETF were worth $23,098,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VGT. Lodestone Wealth Management LLC grew its position in Vanguard Information Technology ETF by 874.2% in the 2nd quarter. Lodestone Wealth Management LLC now owns 1,588 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 1,425 shares during the last quarter. ORBA Wealth Advisors L.L.C. raised its holdings in shares of Vanguard Information Technology ETF by 460.3% during the second quarter. ORBA Wealth Advisors L.L.C. now owns 4,034 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 3,314 shares during the last quarter. Essex LLC raised its holdings in shares of Vanguard Information Technology ETF by 757.7% during the second quarter. Essex LLC now owns 2,616 shares of the exchange traded fund’s stock valued at $313,000 after buying an additional 2,311 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Vanguard Information Technology ETF by 670.3% during the second quarter. Signaturefd LLC now owns 14,883 shares of the exchange traded fund’s stock valued at $1,779,000 after buying an additional 12,951 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. boosted its position in shares of Vanguard Information Technology ETF by 669.0% during the second quarter. Cookson Peirce & Co. Inc. now owns 13,250 shares of the exchange traded fund’s stock worth $1,584,000 after buying an additional 11,527 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $119.79 on Wednesday. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The firm has a market capitalization of $146.85 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business has a 50 day simple moving average of $116.78 and a 200 day simple moving average of $105.53.

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.