Clifford Swan Investment Counsel LLC Grows Position in Vanguard Information Technology ETF $VGT

Clifford Swan Investment Counsel LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 26,568 shares of the exchange traded fund’s stock after purchasing an additional 23,247 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Vanguard Information Technology ETF were worth $3,175,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Vanguard Information Technology ETF by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 149 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT opened at $120.49 on Tuesday. The business has a 50 day simple moving average of $116.96 and a two-hundred day simple moving average of $107.19. The firm has a market capitalization of $147.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

Vanguard Information Technology ETF Company 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.