Sterling Investment Counsel LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 700.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,472 shares of the exchange traded fund’s stock after purchasing an additional 5,663 shares during the quarter. Sterling Investment Counsel LLC’s holdings in Vanguard Information Technology ETF were worth $774,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Folger Nolan Fleming Douglas Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 690.1% during 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 buying an additional 1,203,781 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in Vanguard Information Technology ETF by 704.1% during the second quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after buying an additional 899,479 shares during the period. Systematic Alpha Investments LLC lifted its stake in 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 in the last quarter. Focus Partners Wealth lifted its stake in Vanguard Information Technology ETF by 78.8% in the 4th 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 in the last quarter. Finally, Spire Wealth Management boosted its position in Vanguard Information Technology ETF by 669.8% during the 2nd quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after acquiring an additional 500,833 shares during the period.
Vanguard Information Technology ETF Price Performance
NYSEARCA:VGT opened at $122.56 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock’s 50-day moving average is $116.58 and its two-hundred day moving average is $105.11. The stock has a market cap of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34.
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.
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