Kickstand Ventures LLC. Acquires 5,502 Shares of Vanguard Information Technology ETF $VGT

Kickstand Ventures LLC. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 701.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,286 shares of the exchange traded fund’s stock after purchasing an additional 5,502 shares during the quarter. Kickstand Ventures LLC.’s holdings in Vanguard Information Technology ETF were worth $751,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Vanguard Information Technology ETF by 693.4% in the second 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 purchasing an additional 2,116,095 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. lifted 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 buying an additional 1,203,781 shares in the last quarter. Taiyo Life Insurance Co. lifted its holdings in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Taiyo Life Insurance Co. now owns 1,352,000 shares of the exchange traded fund’s stock valued at $161,591,000 after buying an additional 1,183,000 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in Vanguard Information Technology ETF by 704.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after buying an additional 899,479 shares during the period. Finally, Systematic Alpha Investments LLC boosted its position in Vanguard Information Technology ETF by 700.0% in the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $118.36 on Friday. The company has a market capitalization of $145.10 billion, a P/E ratio of 34.55 and a beta of 1.34. The company’s 50-day simple moving average is $116.96 and its two-hundred day simple moving average is $105.87. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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.