Sapient Capital LLC Increases Stake in Vanguard Information Technology ETF $VGT

Sapient Capital LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 732.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,136 shares of the exchange traded fund’s stock after acquiring an additional 4,519 shares during the quarter. Sapient Capital LLC’s holdings in Vanguard Information Technology ETF were worth $614,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Clark Asset Management LLC increased its stake in shares of Vanguard Information Technology ETF by 1,004.8% in the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 5,014 shares in the last quarter. Avior Wealth Management LLC grew its holdings in Vanguard Information Technology ETF by 588.4% in the second quarter. Avior Wealth Management LLC now owns 9,424 shares of the exchange traded fund’s stock valued at $1,126,000 after purchasing an additional 8,055 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Information Technology ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the period. Trilogy Capital Inc. increased its position in shares of Vanguard Information Technology ETF by 604.7% in the second quarter. Trilogy Capital Inc. now owns 34,666 shares of the exchange traded fund’s stock valued at $4,143,000 after buying an additional 29,747 shares in the last quarter. Finally, Rockland Trust Co. increased its position in shares of Vanguard Information Technology ETF by 703.1% in the second quarter. Rockland Trust Co. now owns 14,464 shares of the exchange traded fund’s stock valued at $1,729,000 after buying an additional 12,663 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $120.25 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 cap of $147.42 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock has a 50 day simple moving average of $116.59 and a 200-day simple moving average of $104.40.

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.