Rehmann Capital Advisory Group Boosts Holdings in Vanguard Information Technology ETF $VGT

Rehmann Capital Advisory Group raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 711.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,190 shares of the exchange traded fund’s stock after buying an additional 44,884 shares during the period. Rehmann Capital Advisory Group’s holdings in Vanguard Information Technology ETF were worth $6,118,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC raised its holdings in Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after acquiring an additional 1,854 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after acquiring an additional 305 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after acquiring an additional 5,309 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Vanguard Information Technology ETF by 17.9% during the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $120.49 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market capitalization of $147.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business has a 50 day simple moving average of $116.96 and a two-hundred day simple moving average of $107.19.

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.