Vanguard Information Technology ETF $VGT Shares Acquired by Mainstream Capital Management LLC

Mainstream Capital Management LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 699.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,107 shares of the exchange traded fund’s stock after buying an additional 14,091 shares during the quarter. Vanguard Information Technology ETF comprises about 1.2% of Mainstream Capital Management LLC’s holdings, making the stock its 24th largest position. Mainstream Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,925,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Clark Asset Management LLC raised its stake in shares of Vanguard Information Technology ETF by 1,004.8% during the second 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 during the last quarter. Baron Financial Group LLC grew its position in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 4,396 shares during the last quarter. Ballast Inc. grew its position in Vanguard Information Technology ETF by 848.4% in the 2nd quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock valued at $5,977,000 after buying an additional 44,736 shares during the last quarter. Abound Wealth Management increased its stake in Vanguard Information Technology ETF by 668.5% in the 2nd quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 4,439 shares during the period. Finally, Focus Financial Network Inc. raised its position in Vanguard Information Technology ETF by 234.1% during the 2nd 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 during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $122.99 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The company has a market cap of $150.77 billion, a P/E ratio of 34.55 and a beta of 1.34. The firm has a fifty day moving average of $116.44 and a two-hundred day moving average of $104.99.

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.