Thrivent Financial for Lutherans Boosts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Thrivent Financial for Lutherans lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,673 shares of the exchange traded fund’s stock after acquiring an additional 610 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Information Technology ETF were worth $2,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Vanguard Information Technology ETF by 3.3% in the first quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock valued at $2,956,000 after purchasing an additional 179 shares during the period. Lazard Asset Management LLC grew its stake in Vanguard Information Technology ETF by 13.9% in the 1st quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock valued at $2,149,000 after acquiring an additional 500 shares during the period. Coppell Advisory Solutions Corp. purchased a new stake in Vanguard Information Technology ETF in the 1st quarter worth $217,000. Comerica Bank increased its holdings in Vanguard Information Technology ETF by 0.8% in the 1st quarter. Comerica Bank now owns 66,579 shares of the exchange traded fund’s stock worth $34,910,000 after acquiring an additional 514 shares in the last quarter. Finally, National Wealth Management Group LLC raised its position in Vanguard Information Technology ETF by 1.0% during the first quarter. National Wealth Management Group LLC now owns 4,068 shares of the exchange traded fund’s stock worth $2,133,000 after acquiring an additional 41 shares during the period.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of NYSEARCA VGT opened at $623.17 on Wednesday. The firm has a market cap of $78.47 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s 50-day simple moving average is $599.08 and its 200-day simple moving average is $575.38. Vanguard Information Technology ETF has a 52-week low of $454.77 and a 52-week high of $627.57.

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).