JNBA Financial Advisors Has $4.34 Million Stock Holdings in Vanguard Information Technology ETF $VGT

JNBA Financial Advisors boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 690.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,349 shares of the exchange traded fund’s stock after acquiring an additional 31,752 shares during the quarter. JNBA Financial Advisors’ holdings in Vanguard Information Technology ETF were worth $4,344,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Florida Trust Wealth Management Co increased its stake in shares of Vanguard Information Technology ETF by 725.8% in the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after acquiring an additional 19,104 shares in the last quarter. First Merchants Corp lifted its position in shares of Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after acquiring an additional 292,331 shares during the period. Innovative Wealth Building LLC boosted its stake in Vanguard Information Technology ETF by 748.5% during the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after acquiring an additional 51,687 shares in the last quarter. Clark Asset Management LLC boosted its stake in 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 acquiring an additional 5,014 shares in the last quarter. Finally, Financial & Tax Architects LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter worth $491,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $120.07 on Monday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market cap of $147.20 billion, a P/E ratio of 34.55 and a beta of 1.34. The company has a fifty day moving average price of $116.96 and a two-hundred day moving average price of $107.00.

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.