Patriot Financial Group Insurance Agency LLC Increases Stock Holdings in Vanguard Information Technology ETF $VGT

by · The Cerbat Gem

Patriot Financial Group Insurance Agency LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 348.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,282 shares of the exchange traded fund’s stock after acquiring an additional 11,872 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Vanguard Information Technology ETF were worth $1,826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Folger Nolan Fleming Douglas Capital Management Inc. grew its stake in Vanguard Information Technology ETF by 690.1% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock valued at $164,724,000 after acquiring an additional 1,203,781 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after acquiring an additional 899,479 shares in the last quarter. Systematic Alpha Investments LLC raised its position in Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after acquiring an additional 576,100 shares during the last quarter. Focus Partners Wealth raised its position in Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after acquiring an additional 571,488 shares during the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of Vanguard Information Technology ETF by 669.8% in the second quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock valued at $68,789,000 after purchasing an additional 500,833 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $122.56 on Friday. The firm’s 50-day moving average is $116.58 and its two-hundred day moving average is $105.11. The company has a market capitalization of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.

About Vanguard Information Technology ETF

(Free Report)

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.

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