Vanguard Information Technology ETF $VGT Shares Bought by Sherry Group Inc.

Sherry Group Inc. raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,216 shares of the exchange traded fund’s stock after purchasing an additional 10,689 shares during the quarter. Vanguard Information Technology ETF accounts for 1.4% of Sherry Group Inc.’s investment portfolio, making the stock its 20th biggest holding. Sherry Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of VGT. Vermillion Wealth Management Inc. raised its stake in shares of Vanguard Information Technology ETF by 676.8% during the second quarter. Vermillion Wealth Management Inc. now owns 108,590 shares of the exchange traded fund’s stock worth $12,979,000 after purchasing an additional 94,611 shares during the last quarter. Montecito Bank & Trust acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $239,000. Prospera Financial Services Inc grew its position in Vanguard Information Technology ETF by 560.8% in the 2nd quarter. Prospera Financial Services Inc now owns 102,093 shares of the exchange traded fund’s stock valued at $12,206,000 after buying an additional 86,642 shares during the last quarter. First PREMIER Bank grew its position in Vanguard Information Technology ETF by 707.4% in the 2nd quarter. First PREMIER Bank now owns 134,242 shares of the exchange traded fund’s stock valued at $16,045,000 after buying an additional 117,615 shares during the last quarter. Finally, Retirement Investment Advisors Inc. increased its stake in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Retirement Investment Advisors Inc. now owns 3,752 shares of the exchange traded fund’s stock valued at $434,000 after buying an additional 3,283 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $122.56 on Friday. The stock has a market capitalization of $150.25 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The company’s fifty day moving average is $116.58 and its two-hundred day moving average is $105.11.

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.