Goelzer Investment Management Inc. Raises Stake in Vanguard Information Technology ETF $VGT

Goelzer Investment Management Inc. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 542.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,045 shares of the exchange traded fund’s stock after purchasing an additional 8,481 shares during the period. Goelzer Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $1,201,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VGT. Armstrong Advisory Group Inc. increased its position in Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after buying an additional 899,479 shares in the last quarter. Systematic Alpha Investments LLC grew its stake in shares of Vanguard Information Technology ETF by 700.0% in the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after acquiring an additional 576,100 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of Vanguard Information Technology ETF by 78.8% during 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. Trust Co. of Oklahoma raised its position in shares of Vanguard Information Technology ETF by 696.9% in the 2nd quarter. Trust Co. of Oklahoma now owns 483,407 shares of the exchange traded fund’s stock worth $57,777,000 after purchasing an additional 422,744 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of Vanguard Information Technology ETF by 642.9% in 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 purchasing an additional 304,127 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $122.99 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company’s 50-day moving average is $116.44 and its 200 day moving average is $104.99. The company has a market capitalization of $150.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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). 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.