4,400 Vanguard Information Technology ETF $VGT Shares Purchased by Heffernan Advisory Inc.

Heffernan Advisory Inc. grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 110.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,400 shares of the exchange traded fund’s stock after purchasing an additional 4,400 shares during the period. Vanguard Information Technology ETF comprises about 0.7% of Heffernan Advisory Inc.’s portfolio, making the stock its 14th largest position. Heffernan Advisory Inc.’s holdings in Vanguard Information Technology ETF were worth $1,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Information Technology ETF by 657.6% in the second 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 buying an additional 4,107,038 shares in the last quarter. Systematic Alpha Investments LLC boosted its holdings in shares of Vanguard Information Technology ETF by 700.0% in the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after buying an additional 3,227,909 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after acquiring an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.3%

Shares of VGT stock traded down $0.43 during trading hours on Tuesday, hitting $126.08. 1,686,973 shares of the company were exchanged, compared to its average volume of 4,429,297. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $130.66. The business has a 50 day moving average of $122.31 and a two-hundred day moving average of $114.10. The company has a market capitalization of $155.09 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.