Vanguard Information Technology ETF $VGT Shares Acquired by Secure Asset Management LLC

Secure Asset Management LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 708.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,398 shares of the exchange traded fund’s stock after buying an additional 16,123 shares during the period. Secure Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,199,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Vanguard Information Technology ETF by 34.9% in the fourth 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 stake in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after buying an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Vanguard Information Technology ETF by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after buying an additional 305 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Vanguard Information Technology ETF by 378.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after buying an additional 5,309 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in Vanguard Information Technology ETF by 17.9% in the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.3%

NYSEARCA:VGT opened at $118.87 on Wednesday. The firm has a 50-day moving average price of $117.02 and a two-hundred day moving average price of $107.37. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market capitalization of $145.72 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.