Sherry Group Inc. Increases Stock Position in Vanguard Information Technology ETF $VGT

Sherry Group Inc. raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,216 shares of the exchange traded fund’s stock after purchasing an additional 10,689 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.4% of Sherry Group Inc.’s holdings, making the stock its 20th biggest position. Sherry Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,423,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. raised its stake in shares of Vanguard Information Technology ETF by 676.8% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 108,590 shares of the exchange traded fund’s stock worth $12,979,000 after buying an additional 94,611 shares in the last quarter. Montecito Bank & Trust purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $239,000. Prospera Financial Services Inc boosted its stake in shares of Vanguard Information Technology ETF by 560.8% in the second quarter. Prospera Financial Services Inc now owns 102,093 shares of the exchange traded fund’s stock valued at $12,206,000 after buying an additional 86,642 shares in the last quarter. First PREMIER Bank boosted its stake in shares of Vanguard Information Technology ETF by 707.4% in the second quarter. First PREMIER Bank now owns 134,242 shares of the exchange traded fund’s stock valued at $16,045,000 after buying an additional 117,615 shares in the last quarter. Finally, Retirement Investment Advisors Inc. grew its holdings in Vanguard Information Technology ETF by 700.0% during the second quarter. Retirement Investment Advisors Inc. now owns 3,752 shares of the exchange traded fund’s stock worth $434,000 after acquiring an additional 3,283 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $122.56 on Friday. The business’s fifty day moving average price is $116.58 and its 200 day moving average price is $105.11. The firm has a market capitalization of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year 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.