Vanguard Information Technology ETF $VGT Stake Boosted by McCollum Christoferson Group LLC

McCollum Christoferson Group LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,472 shares of the exchange traded fund’s stock after buying an additional 5,663 shares during the period. McCollum Christoferson Group LLC’s holdings in Vanguard Information Technology ETF were worth $774,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VGT. Clark Asset Management LLC lifted its stake in Vanguard Information Technology ETF by 1,004.8% in the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 5,014 shares in the last quarter. Baron Financial Group LLC grew its position in shares of Vanguard Information Technology ETF by 700.0% during the second quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 4,396 shares in the last quarter. Abound Wealth Management increased its holdings in shares of Vanguard Information Technology ETF by 668.5% in the second quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 4,439 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of Vanguard Information Technology ETF by 234.1% in the second quarter. Focus Financial Network Inc. now owns 23,788 shares of the exchange traded fund’s stock worth $2,843,000 after buying an additional 16,669 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Vanguard Information Technology ETF by 1.6% in the first 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 in the last quarter.

Vanguard Information Technology ETF Trading Up 1.2%

Shares of Vanguard Information Technology ETF stock opened at $121.60 on Thursday. The firm has a market cap of $149.07 billion, a PE ratio of 34.55 and a beta of 1.34. The stock has a 50 day moving average of $116.43 and a 200 day moving average of $104.78. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

About Vanguard Information Technology ETF

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.