Finward Bancorp Buys 19,936 Shares of Vanguard Information Technology ETF $VGT

Finward Bancorp boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 697.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,796 shares of the exchange traded fund’s stock after purchasing an additional 19,936 shares during the period. Vanguard Information Technology ETF accounts for about 2.1% of Finward Bancorp’s portfolio, making the stock its 11th biggest holding. Finward Bancorp’s holdings in Vanguard Information Technology ETF were worth $2,725,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Folger Nolan Fleming Douglas Capital Management Inc. grew its position in shares of Vanguard Information Technology ETF by 690.1% in the 2nd 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 buying an additional 1,203,781 shares during the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Information Technology ETF by 704.1% during the second quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock worth $122,775,000 after buying an additional 899,479 shares during the period. Systematic Alpha Investments LLC boosted its position in shares of Vanguard Information Technology ETF by 700.0% during 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 purchasing an additional 576,100 shares in the last quarter. Focus Partners Wealth grew 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 buying an additional 571,488 shares during the period. Finally, Spire Wealth Management grew its position in shares of Vanguard Information Technology ETF by 669.8% during the 2nd quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after buying an additional 500,833 shares during the period.

Vanguard Information Technology ETF Stock Down 0.3%

Vanguard Information Technology ETF stock opened at $122.56 on Friday. The company 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 12-month low of $83.09 and a 12-month high of $126.00. The firm’s fifty day moving average is $116.58 and its 200 day moving average is $105.11.

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.