Sarasin & Partners LLP Invests $8.23 Million in Vanguard Information Technology ETF $VGT

Sarasin & Partners LLP purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 68,882 shares of the exchange traded fund’s stock, valued at approximately $8,233,000.

Several other hedge funds have also recently bought and sold shares of the company. Systematic Alpha Investments LLC boosted its position in 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 worth $459,379,000 after purchasing an additional 576,100 shares in the last quarter. Focus Partners Wealth increased 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 buying an additional 571,488 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Vanguard Information Technology ETF by 642.9% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 351,436 shares of the exchange traded fund’s stock worth $42,004,000 after buying an additional 304,127 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after buying an additional 252,341 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Vanguard Information Technology ETF by 1.6% in the 1st 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 buying an additional 241,421 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.1%

Shares of NYSEARCA VGT opened at $119.60 on Friday. The stock has a market cap of $146.62 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The company’s 50-day moving average price is $116.66 and its 200 day moving average price is $104.02.

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.