Ramsay Stattman Vela & Price Inc. Raises Holdings in Vanguard Information Technology ETF $VGT

Ramsay Stattman Vela & Price Inc. increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 645.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,712 shares of the exchange traded fund’s stock after acquiring an additional 11,873 shares during the period. Ramsay Stattman Vela & Price Inc.’s holdings in Vanguard Information Technology ETF were worth $1,639,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in 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 worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after purchasing an additional 252,341 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Information Technology ETF by 657.6% during the 2nd 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 in the last quarter. HighTower Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% in the 2nd 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 period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT traded down $0.22 during mid-day trading on Tuesday, reaching $121.05. 2,916,068 shares of the stock were exchanged, compared to its average volume of 4,479,550. The business’s 50 day moving average is $117.48 and its 200-day moving average is $108.40. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The company has a market capitalization of $148.40 billion, a P/E ratio of 34.55 and a beta of 1.35.

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.