Vanguard Information Technology ETF $VGT Shares Bought by Bailard Inc.

Bailard Inc. raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,052 shares of the exchange traded fund’s stock after buying an additional 4,365 shares during the period. Vanguard Information Technology ETF accounts for 1.8% of Bailard Inc.’s holdings, making the stock its 9th largest holding. Bailard Inc.’s holdings in Vanguard Information Technology ETF were worth $76,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. Sawyer & Company Inc acquired a new position in Vanguard Information Technology ETF in the 2nd quarter worth about $38,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at $40,000. Blume Capital Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 62.5% in the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 25 shares during the last quarter. Evermay Wealth Management LLC raised its position in Vanguard Information Technology ETF by 300.0% during the 1st quarter. Evermay Wealth Management LLC now owns 100 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 75 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $56,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $773.30 on Wednesday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99. The firm’s fifty day moving average is $750.48 and its 200-day moving average is $684.16. The firm has a market cap of $114.41 billion, a P/E ratio of 34.55 and a beta of 1.25.

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).