First PREMIER Bank Has $9.92 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

First PREMIER Bank decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,296 shares of the exchange traded fund’s stock after selling 106 shares during the quarter. Vanguard Information Technology ETF comprises approximately 2.5% of First PREMIER Bank’s investment portfolio, making the stock its 6th biggest holding. First PREMIER Bank’s holdings in Vanguard Information Technology ETF were worth $9,923,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VGT. Raymond James Financial Inc. bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $494,903,000. JPMorgan Chase & Co. increased its stake in Vanguard Information Technology ETF by 4.9% in the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after purchasing an additional 271,622 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Vanguard Information Technology ETF by 201,628.9% in the fourth quarter. Russell Investments Group Ltd. now owns 229,971 shares of the exchange traded fund’s stock valued at $142,996,000 after purchasing an additional 229,857 shares in the last quarter. GAMMA Investing LLC increased its stake in Vanguard Information Technology ETF by 54,138.1% in the first quarter. GAMMA Investing LLC now owns 216,410 shares of the exchange traded fund’s stock valued at $117,376,000 after purchasing an additional 216,011 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Information Technology ETF by 621.3% in the fourth quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock valued at $134,371,000 after buying an additional 186,139 shares during the period.

Vanguard Information Technology ETF Stock Down 0.4%

Vanguard Information Technology ETF stock opened at $628.48 on Friday. The stock has a market capitalization of $88.63 billion, a PE ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76. The company has a 50 day moving average of $585.60 and a 200-day moving average of $595.22.

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).