Pioneer Family Office LLC Has $25.40 Million Position in Vanguard Information Technology ETF $VGT

Pioneer Family Office LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 752.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,483 shares of the exchange traded fund’s stock after buying an additional 187,558 shares during the period. Vanguard Information Technology ETF accounts for approximately 13.1% of Pioneer Family Office LLC’s holdings, making the stock its 3rd biggest holding. Pioneer Family Office LLC’s holdings in Vanguard Information Technology ETF were worth $25,396,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Kingdom Financial Group LLC. acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 194 shares in the last quarter. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $118.80 on Thursday. The stock has a market capitalization of $145.64 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50 day moving average price of $116.91 and a 200 day moving average price of $105.69. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00.

Vanguard Information Technology ETF Profile

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.