Miramontes Capital LLC Raises Holdings in Vanguard Information Technology ETF $VGT

Miramontes Capital LLC boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 717.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,562 shares of the exchange traded fund’s stock after acquiring an additional 12,780 shares during the quarter. Miramontes Capital LLC’s holdings in Vanguard Information Technology ETF were worth $1,740,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. HighTower Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares during the period. Florida Trust Wealth Management Co raised its holdings in shares of Vanguard Information Technology ETF by 725.8% in the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after buying an additional 19,104 shares during the period. First Merchants Corp lifted its stake in Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after acquiring an additional 292,331 shares in the last quarter. Innovative Wealth Building LLC lifted its stake in Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after acquiring an additional 51,687 shares in the last quarter. Finally, Clark Asset Management LLC boosted its holdings in Vanguard Information Technology ETF by 1,004.8% during the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after acquiring an additional 5,014 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $120.89 on Thursday. The stock has a market capitalization of $148.20 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. The business has a 50-day moving average of $117.55 and a 200 day moving average of $108.60. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month 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.