Vanguard Information Technology ETF $VGT Shares Bought by Chapin Davis Inc.

Chapin Davis Inc. grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,943 shares of the exchange traded fund’s stock after buying an additional 8,701 shares during the quarter. Chapin Davis Inc.’s holdings in Vanguard Information Technology ETF were worth $1,188,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Wells Financial Advisors INC bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at $29,000. RHL Group LLC acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth $31,000. Finally, Jessup Wealth Management Inc acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth $31,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $119.72 on Thursday. The company has a market capitalization of $146.77 billion, a P/E ratio of 34.55 and a beta of 1.34. The company has a 50-day moving average of $116.65 and a 200-day moving average of $103.85. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

About Vanguard Information Technology ETF

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.