Neville Rodie & Shaw Inc. Raises Stake in Vanguard Information Technology ETF $VGT

Neville Rodie & Shaw Inc. boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 90,276 shares of the exchange traded fund’s stock after purchasing an additional 79,004 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in Vanguard Information Technology ETF were worth $10,790,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $27,000. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $30,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000.

Vanguard Information Technology ETF Trading Up 4.4%

Shares of Vanguard Information Technology ETF stock opened at $120.15 on Wednesday. The company has a fifty day moving average price of $116.60 and a 200 day moving average price of $103.67. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The stock has a market cap of $147.29 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF Company 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.