Corient Private Wealth LP Grows Stock Holdings in Vanguard Information Technology ETF $VGT

Corient Private Wealth LP raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 673.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 883,770 shares of the exchange traded fund’s stock after acquiring an additional 769,520 shares during the period. Corient Private Wealth LP’s holdings in Vanguard Information Technology ETF were worth $105,628,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VGT. HighTower Advisors LLC boosted its stake in Vanguard Information Technology ETF by 762.8% in the 2nd 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 last quarter. Florida Trust Wealth Management Co increased its stake in shares of Vanguard Information Technology ETF by 725.8% during 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 during the last quarter. First Merchants Corp increased its stake 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 last quarter. Innovative Wealth Building LLC increased its stake in shares of Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after acquiring an additional 51,687 shares during the last quarter. Finally, 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 worth $659,000 after acquiring an additional 5,014 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $121.07 on Friday. The company’s 50 day simple moving average is $117.78 and its 200 day simple moving average is $108.88. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The stock has a market capitalization of $148.42 billion, a PE ratio of 34.55 and a beta of 1.35.

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.