Praetorian Wealth Management Inc. Boosts Stock Holdings in Vanguard Information Technology ETF $VGT

Praetorian Wealth Management Inc. grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 690.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 169,610 shares of the exchange traded fund’s stock after acquiring an additional 148,148 shares during the period. Vanguard Information Technology ETF comprises about 3.5% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 10th largest holding. Praetorian Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $20,272,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Systematic Alpha Investments LLC grew its holdings in shares of Vanguard Information Technology ETF by 700.0% in the 1st 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 lifted its holdings in shares of 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 valued at $977,603,000 after purchasing an additional 571,488 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Vanguard Information Technology ETF by 642.9% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 351,436 shares of the exchange traded fund’s stock valued at $42,004,000 after purchasing an additional 304,127 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after purchasing an additional 252,341 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the period.

Vanguard Information Technology ETF Trading Down 0.1%

Shares of VGT opened at $119.60 on Friday. The business’s 50-day moving average price is $116.66 and its 200 day moving average price is $104.02. The stock has a market capitalization of $146.62 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year 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.