Quad Cities Investment Group LLC Raises Position in Vanguard Information Technology ETF $VGT

Quad Cities Investment Group LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1,608.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,278 shares of the exchange traded fund’s stock after buying an additional 4,969 shares during the quarter. Quad Cities Investment Group LLC’s holdings in Vanguard Information Technology ETF were worth $631,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the period. AQR Capital Management LLC grew its holdings in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after buying an additional 305 shares during the period. Schnieders Capital Management LLC. increased its stake in Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after buying an additional 5,309 shares during the period. Finally, First Trust Advisors LP lifted its holdings in Vanguard Information Technology ETF by 17.9% in the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after buying an additional 149 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $119.72 on Thursday. The firm has a 50-day moving average of $116.65 and a two-hundred day moving average of $103.85. The stock has a market cap of $146.77 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

Vanguard Information Technology ETF 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.