Fifth Third Bancorp Has $82.86 Million Stock Position in Vanguard Information Technology ETF $VGT

Fifth Third Bancorp increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 143.1% during the first quarter, Holdings Channel reports. The firm owned 118,764 shares of the exchange traded fund’s stock after acquiring an additional 69,911 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Information Technology ETF were worth $82,864,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC increased its holdings in Vanguard Information Technology ETF by 80.9% in the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after buying an additional 1,854 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Vanguard Information Technology ETF by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after buying an additional 305 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Vanguard Information Technology ETF by 378.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after buying an additional 5,309 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Vanguard Information Technology ETF by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after acquiring an additional 149 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $118.08 on Monday. The company has a market cap of $144.76 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50 day moving average of $115.97 and a 200-day moving average of $101.39. Vanguard Information Technology ETF has a 1-year low of $83.00 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.