Vanguard Information Technology ETF $VGT Stock Bought by Vise Technologies Inc.

Vise Technologies Inc. boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 50.2% in the third quarter, HoldingsChannel.com reports. The firm owned 64,242 shares of the exchange traded fund’s stock after buying an additional 21,485 shares during the period. Vise Technologies Inc.’s holdings in Vanguard Information Technology ETF were worth $8,073,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE raised its stake in Vanguard Information Technology ETF by 1.6% during the first 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Information Technology ETF by 657.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after acquiring an additional 4,107,038 shares during the last quarter. Systematic Alpha Investments LLC grew its holdings in Vanguard Information Technology ETF by 700.0% during the 1st 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 period. HighTower Advisors LLC grew its holdings in Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Vanguard Information Technology ETF by 817.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after acquiring an additional 2,967,256 shares during the period.

Vanguard Information Technology ETF Trading Down 2.7%

VGT stock opened at $113.83 on Tuesday. The stock has a 50-day moving average price of $122.39 and a 200-day moving average price of $109.38. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The firm has a market cap of $140.02 billion, a PE ratio of 34.55 and a beta of 1.34.

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.