Legacy Financial Group Inc. Acquires 5,159 Shares of Vanguard Information Technology ETF $VGT

Legacy Financial Group Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 677.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 5,921 shares of the exchange traded fund’s stock after purchasing an additional 5,159 shares during the period. Vanguard Information Technology ETF makes up approximately 0.2% of Legacy Financial Group Inc.’s portfolio, making the stock its 24th biggest holding. Legacy Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $708,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Vanguard Information Technology ETF by 693.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after purchasing an additional 2,116,095 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. grew its holdings in Vanguard Information Technology ETF by 690.1% during the second quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after buying an additional 1,203,781 shares in the last quarter. Taiyo Life Insurance Co. grew its holdings in Vanguard Information Technology ETF by 700.0% during the second quarter. Taiyo Life Insurance Co. now owns 1,352,000 shares of the exchange traded fund’s stock worth $161,591,000 after buying an additional 1,183,000 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in Vanguard Information Technology ETF by 704.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after buying an additional 899,479 shares during the last quarter. Finally, Systematic Alpha Investments LLC raised its position in Vanguard Information Technology ETF by 700.0% in the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.4%

Shares of NYSEARCA:VGT opened at $118.36 on Friday. The stock’s fifty day simple moving average is $116.96 and its two-hundred day simple moving average is $105.87. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The stock has a market cap of $145.10 billion, a PE ratio of 34.55 and a beta of 1.34.

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.