Vanguard Information Technology ETF $VGT Shares Acquired by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,890 shares of the exchange traded fund’s stock after acquiring an additional 803 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Vanguard Information Technology ETF were worth $5,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VGT. China Universal Asset Management Co. Ltd. raised its position in shares of 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 worth $27,000 after acquiring an additional 21 shares during the period. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $31,000. 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. Kilter Group LLC acquired a new position in Vanguard Information Technology ETF in the 2nd quarter worth about $37,000. Finally, Rice Partnership LLC purchased a new position in Vanguard Information Technology ETF during the second quarter worth approximately $40,000.

Vanguard Information Technology ETF Trading Up 0.7%

Shares of VGT opened at $753.05 on Tuesday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock’s 50 day moving average is $758.32 and its two-hundred day moving average is $739.23. The firm has a market cap of $112.69 billion, a P/E 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.