Vanguard Information Technology ETF $VGT is Orser Capital Management LLC’s 7th Largest Position

Orser Capital Management LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 707.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,781 shares of the exchange traded fund’s stock after buying an additional 53,256 shares during the quarter. Vanguard Information Technology ETF makes up approximately 3.7% of Orser Capital Management LLC’s portfolio, making the stock its 7th largest holding. Orser Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $7,265,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VGT. Systematic Alpha Investments LLC raised its holdings in shares of Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after acquiring an additional 576,100 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Vanguard Information Technology ETF by 78.8% in the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after acquiring an additional 571,488 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Vanguard Information Technology ETF by 642.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 351,436 shares of the exchange traded fund’s stock worth $42,004,000 after acquiring an additional 304,127 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $119.60 on Friday. The business has a fifty day moving average price of $116.66 and a 200 day moving average price of $104.02. The company has a market cap of $146.62 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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). 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.