Vanguard Information Technology ETF $VGT Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,513 shares of the exchange traded fund’s stock after acquiring an additional 9,054 shares during the quarter. Farther Finance Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $21,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised 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 worth $565,516,000 after purchasing an additional 4,107,038 shares during the period. HighTower Advisors LLC boosted its position in shares of 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 valued at $436,378,000 after purchasing an additional 3,227,909 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Information Technology ETF by 817.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after purchasing an additional 2,967,256 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in Vanguard Information Technology ETF by 693.4% in 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 purchasing an additional 2,116,095 shares in the last quarter. Finally, Nissay Asset Management Corp Japan increased its stake in Vanguard Information Technology ETF by 700.0% in 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 purchasing an additional 1,433,089 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT traded down $2.12 on Thursday, hitting $127.25. 5,136,195 shares of the company were exchanged, compared to its average volume of 4,459,128. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The firm has a market capitalization of $155.88 billion, a P/E ratio of 34.55 and a beta of 1.34. The company’s 50 day moving average price is $121.51 and its 200-day moving average price is $113.29.

Vanguard Information Technology ETF 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.