MassMutual Private Wealth & Trust FSB Has $42 Million Holdings in Vanguard Information Technology ETF $VGT

MassMutual Private Wealth & Trust FSB lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 642.9% in the 2nd quarter, Holdings Channel reports. The fund owned 351,436 shares of the exchange traded fund’s stock after acquiring an additional 304,127 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 1.1% of MassMutual Private Wealth & Trust FSB’s investment portfolio, making the stock its 21st biggest position. MassMutual Private Wealth & Trust FSB’s holdings in Vanguard Information Technology ETF were worth $42,004,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VGT. Versant Capital Management Inc raised its holdings in shares of Vanguard Information Technology ETF by 1,416.4% during the second quarter. Versant Capital Management Inc now owns 925 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 864 shares during the period. Collective Family Office LLC boosted its stake in Vanguard Information Technology ETF by 655.1% in the 2nd quarter. Collective Family Office LLC now owns 4,704 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 4,081 shares during the period. KERR FINANCIAL PLANNING Corp increased its holdings in Vanguard Information Technology ETF by 214.8% during the 2nd quarter. KERR FINANCIAL PLANNING Corp now owns 384 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 262 shares in the last quarter. Hilltop National Bank increased its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Hilltop National Bank now owns 888 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 777 shares in the last quarter. Finally, CX Institutional increased its holdings in Vanguard Information Technology ETF by 13,275.5% during the 2nd quarter. CX Institutional now owns 93,227 shares of the exchange traded fund’s stock worth $11,143,000 after purchasing an additional 92,530 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $115.14 on Tuesday. The firm has a market cap of $141.15 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock’s 50-day moving average is $116.56 and its 200-day moving average is $103.49. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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.