Vanguard Information Technology ETF $VGT Holdings Boosted by First PREMIER Bank

First PREMIER Bank increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 707.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 134,242 shares of the exchange traded fund’s stock after buying an additional 117,615 shares during the period. Vanguard Information Technology ETF comprises approximately 2.3% of First PREMIER Bank’s investment portfolio, making the stock its 9th biggest holding. First PREMIER Bank’s holdings in Vanguard Information Technology ETF were worth $16,045,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VGT. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth $31,000. GW&K Investment Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 100.0% during the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 21 shares during the last quarter. Finally, Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF during the second quarter valued at about $31,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $120.49 on Tuesday. The business’s 50-day moving average is $116.96 and its two-hundred day moving average is $107.19. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The firm has a market capitalization of $147.71 billion, a PE ratio of 34.55 and a beta of 1.34.

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.