Vanguard Information Technology ETF $VGT Shares Purchased by Nvest Financial LLC

Nvest Financial LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 856.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,083 shares of the exchange traded fund’s stock after purchasing an additional 5,447 shares during the period. Nvest Financial LLC’s holdings in Vanguard Information Technology ETF were worth $727,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after buying an additional 241,421 shares in the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Information Technology ETF by 4.1% in 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 in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position 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 in the last quarter. Morgan Stanley lifted its holdings in Vanguard Information Technology ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after acquiring an additional 25,901 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Vanguard Information Technology ETF by 1.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock valued at $1,163,569,000 after acquiring an additional 18,634 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.4%

NYSEARCA:VGT opened at $118.36 on Friday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a 50-day moving average of $116.96 and a 200-day moving average of $105.87. The firm has a market cap of $145.10 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.