Trinity Legacy Partners LLC Purchases 56,628 Shares of Vanguard Information Technology ETF $VGT

Trinity Legacy Partners LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 668.7% during the second quarter, HoldingsChannel.com reports. The firm owned 65,097 shares of the exchange traded fund’s stock after purchasing an additional 56,628 shares during the period. Vanguard Information Technology ETF makes up 1.5% of Trinity Legacy Partners LLC’s portfolio, making the stock its 22nd biggest position. Trinity Legacy Partners LLC’s holdings in Vanguard Information Technology ETF were worth $7,437,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. KPP Advisory Services LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $211,000. Tenon Financial LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter worth approximately $241,000. Penobscot Investment Management Company Inc. lifted its stake in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 6,344 shares of the exchange traded fund’s stock worth $758,000 after acquiring an additional 5,551 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Vanguard Information Technology ETF by 577.4% during the 2nd quarter. Bank Pictet & Cie Europe AG now owns 11,923 shares of the exchange traded fund’s stock worth $1,425,000 after acquiring an additional 10,163 shares during the last quarter. Finally, PICTET BANK & TRUST Ltd boosted its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. PICTET BANK & TRUST Ltd now owns 2,592 shares of the exchange traded fund’s stock valued at $310,000 after acquiring an additional 2,268 shares during the period.

Vanguard Information Technology ETF Trading Down 2.2%

NYSEARCA:VGT opened at $119.79 on Wednesday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market cap of $146.85 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock has a fifty day simple moving average of $116.78 and a 200-day simple moving average of $105.53.

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.