Janney Montgomery Scott LLC Acquires 23,727 Shares of Vanguard Information Technology ETF $VGT

Janney Montgomery Scott LLC boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 269,737 shares of the exchange traded fund’s stock after purchasing an additional 23,727 shares during the period. Janney Montgomery Scott LLC owned about 0.18% of Vanguard Information Technology ETF worth $201,394,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VGT. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF by 210,235.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after buying an additional 1,486,367 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in Vanguard Information Technology ETF in the second quarter worth about $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Information Technology ETF in the second quarter valued at about $454,530,000. PGIM Custom Harvest LLC boosted its stake in Vanguard Information Technology ETF by 48.7% in the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after acquiring an additional 255,787 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its position in shares of Vanguard Information Technology ETF by 2,925.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock valued at $101,106,000 after acquiring an additional 147,394 shares during the period.

Vanguard Information Technology ETF Stock Up 0.9%

Shares of VGT stock opened at $761.96 on Monday. The firm has a market cap of $114.02 billion, a P/E ratio of 34.55 and a beta of 1.25. The company has a 50 day moving average of $757.67 and a 200-day moving average of $729.31. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99.

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.