Nvest Financial LLC Increases Stock Holdings in Vanguard Information Technology ETF $VGT

Nvest Financial LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 856.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,083 shares of the exchange traded fund’s stock after purchasing an additional 5,447 shares during the period. Nvest Financial LLC’s holdings in Vanguard Information Technology ETF were worth $727,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $27,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Jessup Wealth Management Inc acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at $31,000. GW&K Investment Management LLC increased its stake in Vanguard Information Technology ETF by 100.0% in the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 21 shares during the period. Finally, Semmax Financial Advisors Inc. purchased a new position in Vanguard Information Technology ETF during the 2nd quarter worth $31,000.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $121.27 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The stock has a market capitalization of $148.67 billion, a PE ratio of 34.55 and a beta of 1.35. The company has a fifty day moving average of $117.35 and a 200-day moving average of $107.87.

Vanguard Information Technology ETF Company 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). 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.