Hamilton Point Investment Advisors LLC Has $734,000 Stock Holdings in Vanguard Information Technology ETF $VGT

Hamilton Point Investment Advisors LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,144 shares of the exchange traded fund’s stock after purchasing an additional 5,376 shares during the period. Hamilton Point Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in shares of Vanguard Information Technology ETF by 690.1% in 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 acquiring an additional 1,203,781 shares during the period. Taiyo Life Insurance Co. grew its stake in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Taiyo Life Insurance Co. now owns 1,352,000 shares of the exchange traded fund’s stock valued at $161,591,000 after acquiring an additional 1,183,000 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in shares of Vanguard Information Technology ETF by 704.1% in the second quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after acquiring an additional 899,479 shares in the last quarter. Systematic Alpha Investments LLC increased its position in Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after acquiring an additional 576,100 shares during the period. Finally, Focus Partners Wealth increased its position in Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after acquiring an additional 571,488 shares during the period.

Vanguard Information Technology ETF Stock Down 0.8%

Shares of Vanguard Information Technology ETF stock opened at $118.80 on Thursday. The stock has a market capitalization of $145.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a 50-day simple moving average of $116.91 and a two-hundred day simple moving average of $105.69.

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.