Rehmann Capital Advisory Group Raises Stake in Vanguard Information Technology ETF $VGT

Rehmann Capital Advisory Group lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 711.8% during the second quarter, HoldingsChannel.com reports. The fund owned 51,190 shares of the exchange traded fund’s stock after buying an additional 44,884 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Vanguard Information Technology ETF were worth $6,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VGT. CMH Wealth Management LLC grew its stake in Vanguard Information Technology ETF by 679.2% in the second quarter. CMH Wealth Management LLC now owns 3,000 shares of the exchange traded fund’s stock worth $359,000 after purchasing an additional 2,615 shares in the last quarter. JNBA Financial Advisors raised its position in Vanguard Information Technology ETF by 690.7% during the 2nd quarter. JNBA Financial Advisors now owns 36,349 shares of the exchange traded fund’s stock valued at $4,344,000 after purchasing an additional 31,752 shares in the last quarter. F&V Capital Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 708.7% in the 2nd quarter. F&V Capital Management LLC now owns 4,205 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 3,685 shares during the period. BTG Pactual Asset Management US LLC grew its position in shares of Vanguard Information Technology ETF by 635.5% during the 2nd quarter. BTG Pactual Asset Management US LLC now owns 62,639 shares of the exchange traded fund’s stock worth $7,487,000 after buying an additional 54,122 shares in the last quarter. Finally, M Holdings Securities Inc. increased its stake in shares of Vanguard Information Technology ETF by 2.4% during the second quarter. M Holdings Securities Inc. now owns 11,815 shares of the exchange traded fund’s stock valued at $1,377,000 after buying an additional 276 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $120.49 on Tuesday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company has a market capitalization of $147.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The company’s 50-day simple moving average is $116.96 and its two-hundred day simple moving average is $107.19.

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.