Vanguard Information Technology ETF $VGT Shares Purchased by Schnieders Capital Management LLC

Schnieders Capital Management LLC boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 378.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,713 shares of the exchange traded fund’s stock after buying an additional 5,309 shares during the period. Schnieders Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $4,453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CMG Global Holdings LLC acquired a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $2,967,000. Lyell Wealth Management LP purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $365,000. Stephens Inc. AR increased its position in Vanguard Information Technology ETF by 31.3% during the second quarter. Stephens Inc. AR now owns 4,823 shares of the exchange traded fund’s stock worth $3,199,000 after purchasing an additional 1,150 shares during the last quarter. Calamos Wealth Management LLC purchased a new position in Vanguard Information Technology ETF during the second quarter worth approximately $318,000. Finally, Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $422,000.

Vanguard Information Technology ETF Stock Up 0.2%

Shares of NYSEARCA VGT opened at $752.16 on Monday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $771.58. The firm has a fifty day moving average of $723.23 and a 200-day moving average of $651.10. The stock has a market capitalization of $111.28 billion, a PE ratio of 34.55 and a beta of 1.16.

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).