Bouchey Financial Group Ltd. Acquires 92,598 Shares of Vanguard Information Technology ETF $VGT

Bouchey Financial Group Ltd. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 689.6% in the second quarter, Holdings Channel reports. The institutional investor owned 106,026 shares of the exchange traded fund’s stock after acquiring an additional 92,598 shares during the period. Vanguard Information Technology ETF comprises about 0.8% of Bouchey Financial Group Ltd.’s portfolio, making the stock its 26th biggest holding. Bouchey Financial Group Ltd.’s holdings in Vanguard Information Technology ETF were worth $12,672,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after acquiring an additional 4,107,038 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 762.8% in the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Vanguard Information Technology ETF by 693.4% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after purchasing an additional 2,116,095 shares during the period. Nissay Asset Management Corp Japan raised its holdings in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock worth $195,752,000 after purchasing an additional 1,433,089 shares during the period. Finally, Folger Nolan Fleming Douglas Capital Management Inc. lifted its position 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 valued at $164,724,000 after purchasing an additional 1,203,781 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $120.89 on Thursday. The business’s fifty day moving average is $117.55 and its 200 day moving average is $108.60. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The company has a market capitalization of $148.20 billion, a PE ratio of 34.55 and a beta of 1.35.

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.