Vanguard Information Technology ETF $VGT Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,688 shares of the exchange traded fund’s stock after acquiring an additional 41,727 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $5,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after buying an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Information Technology ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Information Technology ETF by 657.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after acquiring an additional 4,107,038 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Vanguard Information Technology ETF by 693.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after acquiring an additional 2,116,095 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in Vanguard Information Technology ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock worth $1,621,574,000 after acquiring an additional 25,901 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.3%

Shares of VGT stock opened at $120.49 on Tuesday. The company has a market cap of $147.71 billion, a P/E ratio of 34.55 and a beta of 1.34. The business has a 50 day moving average of $116.96 and a two-hundred day moving average of $107.19. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week 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.