S&A Financial Services Inc. Invests $7.44 Million in Vanguard Information Technology ETF $VGT

S&A Financial Services Inc. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,670 shares of the exchange traded fund’s stock, valued at approximately $7,444,000. Vanguard Information Technology ETF makes up 5.1% of S&A Financial Services Inc.’s portfolio, making the stock its 4th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Systematic Alpha Investments LLC lifted its stake 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 purchasing an additional 576,100 shares during the last quarter. Focus Partners Wealth increased 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 valued at $977,603,000 after purchasing an additional 571,488 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after buying an additional 241,421 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of Vanguard Information Technology ETF by 273.3% during the 4th quarter. Corient Private Wealth LLC now owns 314,346 shares of the exchange traded fund’s stock valued at $236,948,000 after buying an additional 230,130 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $113.15 on Monday. The business has a 50 day moving average of $116.57 and a 200 day moving average of $103.35. The company has a market capitalization of $138.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

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). 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.