Rockland Trust Co. Increases Stake in Vanguard Information Technology ETF $VGT

Rockland Trust Co. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 703.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,464 shares of the exchange traded fund’s stock after purchasing an additional 12,663 shares during the period. Rockland Trust Co.’s holdings in Vanguard Information Technology ETF were worth $1,729,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in VGT. Clark Asset Management LLC boosted its holdings in Vanguard Information Technology ETF by 1,004.8% during the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after acquiring an additional 5,014 shares during the period. Bank of America Corp DE increased its stake in Vanguard Information Technology ETF by 1.6% in the 1st 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 purchasing an additional 241,421 shares during the period. Avior Wealth Management LLC lifted its position in Vanguard Information Technology ETF by 588.4% in the second quarter. Avior Wealth Management LLC now owns 9,424 shares of the exchange traded fund’s stock valued at $1,126,000 after purchasing an additional 8,055 shares during the last quarter. Trilogy Capital Inc. lifted its position in Vanguard Information Technology ETF by 604.7% in the second quarter. Trilogy Capital Inc. now owns 34,666 shares of the exchange traded fund’s stock valued at $4,143,000 after purchasing an additional 29,747 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in Vanguard Information Technology ETF by 704.3% in the second quarter. CoreCap Advisors LLC now owns 154,381 shares of the exchange traded fund’s stock valued at $18,452,000 after purchasing an additional 135,186 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $121.45 on Friday. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The company’s 50 day moving average price is $116.67 and its 200-day moving average price is $104.14. The stock has a market capitalization of $148.89 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.