Johnson Investment Counsel Inc. Boosts Stock Holdings in Vanguard Information Technology ETF $VGT

Johnson Investment Counsel Inc. grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 60.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,456 shares of the exchange traded fund’s stock after purchasing an additional 17,163 shares during the period. Johnson Investment Counsel Inc.’s holdings in Vanguard Information Technology ETF were worth $33,939,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. China Universal Asset Management Co. Ltd. lifted its holdings in Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $31,000. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $31,000. Tripletail Wealth Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at about $40,000. Finally, Kilter Group LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter worth about $37,000.

Vanguard Information Technology ETF Trading Up 1.6%

Shares of Vanguard Information Technology ETF stock opened at $751.47 on Tuesday. The company has a 50-day moving average of $756.73 and a two-hundred day moving average of $740.87. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The stock has a market cap of $112.45 billion, a PE ratio of 34.55 and a beta of 1.25.

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.