Bartlett & CO. Wealth Management LLC Grows Stock Holdings in Vanguard Information Technology ETF $VGT

Bartlett & CO. Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 695.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,832 shares of the exchange traded fund’s stock after purchasing an additional 56,685 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $45,235,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Focus Partners Wealth boosted its position in shares of Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after acquiring an additional 571,488 shares in the last quarter. Strategic Investment Advisors MI purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $237,501,000. JPMorgan Chase & Co. raised its position in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Vanguard Information Technology ETF by 273.3% during the 4th quarter. Corient Private Wealth LLC now owns 314,346 shares of the exchange traded fund’s stock worth $236,948,000 after acquiring an additional 230,130 shares in the last quarter. Finally, Align Financial LLC purchased a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $165,907,000.

Vanguard Information Technology ETF Stock Down 1.0%

VGT stock opened at $113.10 on Friday. The business has a 50 day moving average price of $116.67 and a 200 day moving average price of $102.03. The stock has a market cap of $138.65 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.

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.