Midland Wealth Advisors LLC Invests $334,000 in Vanguard Information Technology ETF $VGT

Midland Wealth Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 503 shares of the exchange traded fund’s stock, valued at approximately $334,000.

Several other institutional investors have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $773,405,000. CHURCHILL MANAGEMENT Corp bought a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $454,530,000. JPMorgan Chase & Co. boosted its position in shares of 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 worth $3,322,550,000 after acquiring an additional 359,822 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Vanguard Information Technology ETF by 210.4% during the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock worth $47,911,000 after acquiring an additional 59,877 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Information Technology ETF by 8.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after acquiring an additional 50,870 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 2.5%

VGT opened at $780.37 on Tuesday. The company has a market capitalization of $115.46 billion, a PE ratio of 34.55 and a beta of 1.25. The firm has a 50-day simple moving average of $748.81 and a two-hundred day simple moving average of $682.56. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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).