Vision Retirement LLC Purchases 43,433 Shares of Vanguard Information Technology ETF $VGT

Vision Retirement LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 746.3% during the second quarter, Holdings Channel reports. The institutional investor owned 49,253 shares of the exchange traded fund’s stock after buying an additional 43,433 shares during the quarter. Vanguard Information Technology ETF comprises approximately 1.4% of Vision Retirement LLC’s investment portfolio, making the stock its 17th largest holding. Vision Retirement LLC’s holdings in Vanguard Information Technology ETF were worth $5,887,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. First Merchants Corp increased its position in shares of Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after purchasing an additional 292,331 shares in the last quarter. Clark Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 5,014 shares during the last quarter. Baron Financial Group LLC boosted its position in shares of Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 4,396 shares in the last quarter. Abound Wealth Management boosted its position in shares of Vanguard Information Technology ETF by 668.5% in the 2nd quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Ballast Inc. boosted its position in shares of Vanguard Information Technology ETF by 848.4% in the 2nd quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock worth $5,977,000 after purchasing an additional 44,736 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $122.56 on Monday. The stock’s fifty day moving average price is $116.58 and its 200 day moving average price is $105.18. 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 $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.