Flputnam Investment Management Co. Has $8.90 Million Position in Vanguard Information Technology ETF $VGT

Flputnam Investment Management Co. raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 656.2% during the second quarter, Holdings Channel.com reports. The fund owned 74,466 shares of the exchange traded fund’s stock after purchasing an additional 64,619 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard Information Technology ETF were worth $8,900,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after purchasing an additional 252,341 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Information Technology ETF by 657.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after purchasing an additional 4,107,038 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Vanguard Information Technology ETF by 693.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after purchasing an additional 2,116,095 shares during the last quarter. Finally, Morgan Stanley lifted its stake in Vanguard Information Technology ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after buying an additional 25,901 shares during the period.

Vanguard Information Technology ETF Trading Down 1.5%

NYSEARCA:VGT opened at $120.07 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The firm has a market capitalization of $147.20 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business’s 50-day moving average price is $116.96 and its two-hundred day moving average price is $106.91.

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.