Zullo Investment Group Inc. Has $2.23 Million Stock Holdings in Vanguard Information Technology ETF $VGT

Zullo Investment Group Inc. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 684.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,692 shares of the exchange traded fund’s stock after acquiring an additional 16,310 shares during the period. Vanguard Information Technology ETF accounts for 0.8% of Zullo Investment Group Inc.’s portfolio, making the stock its 24th largest position. Zullo Investment Group Inc.’s holdings in Vanguard Information Technology ETF were worth $2,234,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Florida Trust Wealth Management Co boosted its position in shares of Vanguard Information Technology ETF by 725.8% during the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after purchasing an additional 19,104 shares in the last quarter. First Merchants Corp increased its holdings in Vanguard Information Technology ETF by 744.7% in the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after purchasing an additional 292,331 shares in the last quarter. Innovative Wealth Building LLC increased its holdings in Vanguard Information Technology ETF by 748.5% in the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after purchasing an additional 51,687 shares in the last quarter. Clark Asset Management LLC lifted its stake in Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after buying an additional 5,014 shares during the period. Finally, Financial & Tax Architects LLC acquired a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $491,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $118.42 on Friday. The stock has a market capitalization of $145.17 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The stock’s 50 day moving average price is $116.99 and its two-hundred day moving average price is $105.96.

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.