Polaris Financial Partners Acquires 31,781 Shares of Vanguard Information Technology ETF $VGT

Polaris Financial Partners bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the third quarter, according to its most recent filing with the SEC. The firm bought 31,781 shares of the exchange traded fund’s stock, valued at approximately $4,014,000. Vanguard Information Technology ETF comprises 1.9% of Polaris Financial Partners’ holdings, making the stock its 14th biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew 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 valued at $10,539,605,000 after purchasing an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 252,341 shares during the period. Wells Fargo & Company MN lifted its position in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after purchasing an additional 18,634 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Information Technology ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock worth $981,363,000 after purchasing an additional 39,217 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after purchasing an additional 571,488 shares during the period.

Vanguard Information Technology ETF Trading Up 1.0%

VGT traded up $1.31 during midday trading on Friday, reaching $128.32. The company’s stock had a trading volume of 4,288,841 shares, compared to its average volume of 4,450,330. The stock has a market cap of $157.19 billion, a P/E ratio of 34.55 and a beta of 1.35. The company has a fifty day simple moving average of $120.07 and a 200 day simple moving average of $112.20. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $129.35.

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.