Vanguard Information Technology ETF $VGT Stake Increased by Systematic Alpha Investments LLC

Systematic Alpha Investments LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 658,400 shares of the exchange traded fund’s stock after purchasing an additional 576,100 shares during the quarter. Vanguard Information Technology ETF makes up 13.0% of Systematic Alpha Investments LLC’s investment portfolio, making the stock its 2nd largest position. Systematic Alpha Investments LLC owned about 0.44% of Vanguard Information Technology ETF worth $459,379,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VGT. Fifth Third Bancorp boosted its position in shares of Vanguard Information Technology ETF by 143.1% during the 1st quarter. Fifth Third Bancorp now owns 118,764 shares of the exchange traded fund’s stock valued at $82,864,000 after acquiring an additional 69,911 shares during the last quarter. Avantax Planning Partners Inc. raised its stake in Vanguard Information Technology ETF by 213.5% in the first quarter. Avantax Planning Partners Inc. now owns 7,079 shares of the exchange traded fund’s stock valued at $4,939,000 after purchasing an additional 4,821 shares in the last quarter. Brady Martz Wealth Solutions LLC bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $545,000. Brookstone Capital Management grew its stake in Vanguard Information Technology ETF by 8.8% in the 4th quarter. Brookstone Capital Management now owns 17,598 shares of the exchange traded fund’s stock worth $13,265,000 after buying an additional 1,423 shares in the last quarter. Finally, Sovran Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF by 731.5% in the 1st quarter. Sovran Advisors LLC now owns 28,961 shares of the exchange traded fund’s stock worth $20,207,000 after buying an additional 25,478 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $108.20 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock has a market cap of $132.64 billion, a P/E ratio of 34.55 and a beta of 1.34. The firm’s fifty day moving average price is $116.64 and its 200-day moving average price is $103.10.

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.