The Manufacturers Life Insurance Company Purchases 465,647 Shares of Vanguard Information Technology ETF $VGT

The Manufacturers Life Insurance Company raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2,898.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 481,712 shares of the exchange traded fund’s stock after purchasing an additional 465,647 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard Information Technology ETF were worth $57,574,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Information Technology ETF by 657.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after buying an additional 4,107,038 shares during the period. HighTower Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after acquiring an additional 2,116,095 shares during the last quarter. Nissay Asset Management Corp Japan lifted its stake in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock worth $195,752,000 after acquiring an additional 1,433,089 shares during the last quarter. Finally, Folger Nolan Fleming Douglas Capital Management Inc. boosted its holdings in Vanguard Information Technology ETF by 690.1% during the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock valued at $164,724,000 after acquiring an additional 1,203,781 shares during the period.

Vanguard Information Technology ETF Stock Up 1.2%

VGT opened at $121.07 on Friday. The business has a fifty day moving average of $117.78 and a 200 day moving average of $108.88. The stock has a market cap of $148.42 billion, a P/E ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week 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.