Vanguard Information Technology ETF $VGT is Capital & Planning LLC’s 6th Largest Position
by Sarita Garza · The Markets DailyCapital & Planning LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 626.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,400 shares of the exchange traded fund’s stock after buying an additional 98,651 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 7.1% of Capital & Planning LLC’s holdings, making the stock its 6th biggest holding. Capital & Planning LLC’s holdings in Vanguard Information Technology ETF were worth $13,673,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Information Technology ETF by 657.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after acquiring an additional 4,107,038 shares during the last quarter. HighTower Advisors LLC raised its position in 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 acquiring an additional 3,227,909 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Vanguard Information Technology ETF by 693.4% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after acquiring an additional 2,116,095 shares during the last quarter. Nissay Asset Management Corp Japan lifted its holdings in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock valued at $195,752,000 after purchasing an additional 1,433,089 shares in the last quarter. Finally, Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 690.1% in the second 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 purchasing an additional 1,203,781 shares in the last quarter.
Vanguard Information Technology ETF Price Performance
VGT stock opened at $121.27 on Tuesday. The company’s 50 day simple moving average is $117.45 and its 200-day simple moving average is $108.19. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The firm has a market capitalization of $148.67 billion, a PE ratio of 34.55 and a beta of 1.35.
Vanguard Information Technology ETF Company 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.
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