PNC Financial Services Group Inc. Increases Stock Holdings in Vanguard Information Technology ETF $VGT

PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 320,870 shares of the exchange traded fund’s stock after purchasing an additional 2,567 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Information Technology ETF were worth $212,827,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sawyer & Company Inc purchased a new position in Vanguard Information Technology ETF during the second quarter worth about $38,000. Rice Partnership LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $40,000. Blume Capital Management Inc. grew its holdings in Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 25 shares during the period. Dogwood Wealth Management LLC purchased a new position in Vanguard Information Technology ETF in the second quarter worth $60,000. Finally, Evermay Wealth Management LLC raised its position in Vanguard Information Technology ETF by 300.0% in the first quarter. Evermay Wealth Management LLC now owns 100 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 75 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $773.30 on Wednesday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The firm has a market capitalization of $114.41 billion, a P/E ratio of 34.55 and a beta of 1.25. The company’s fifty day moving average is $750.48 and its two-hundred day moving average is $684.16.

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).