Marion Wealth Management Purchases 149 Shares of Vanguard Information Technology ETF $VGT

Marion Wealth Management increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 7,738 shares of the exchange traded fund’s stock after acquiring an additional 149 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.3% of Marion Wealth Management’s investment portfolio, making the stock its 22nd biggest holding. Marion Wealth Management’s holdings in Vanguard Information Technology ETF were worth $5,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in Vanguard Information Technology ETF by 6.2% during the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after purchasing an additional 359,822 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Information Technology ETF during the second quarter valued at $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Information Technology ETF during the second quarter valued at $454,530,000. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Information Technology ETF by 8.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after purchasing an additional 50,870 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Vanguard Information Technology ETF by 15.8% during the first quarter. Cetera Investment Advisers now owns 261,864 shares of the exchange traded fund’s stock valued at $142,030,000 after purchasing an additional 35,751 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $795.95 on Tuesday. The company has a market capitalization of $117.76 billion, a PE ratio of 34.55 and a beta of 1.25. The business’s fifty day moving average is $741.66 and its 200 day moving average is $673.42. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99.

Vanguard Information Technology ETF Company 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).