72,352 Shares of Vanguard Information Technology ETF $VGT Bought by Go Invest LLC

Go Invest LLC acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 72,352 shares of the exchange traded fund’s stock, valued at approximately $9,092,000. Vanguard Information Technology ETF makes up approximately 1.9% of Go Invest LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its position in 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 in the last quarter. HighTower Advisors LLC increased its position 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 acquiring an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Information Technology ETF by 817.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after acquiring an additional 2,967,256 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of 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 valued at $289,390,000 after acquiring an additional 2,116,095 shares during the period. Finally, Nissay Asset Management Corp Japan raised its stake in shares of 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 valued at $195,752,000 after acquiring an additional 1,433,089 shares during the period.

Vanguard Information Technology ETF Trading Down 1.6%

NYSEARCA:VGT opened at $127.25 on Friday. The firm’s fifty day simple moving average is $121.79 and its 200 day simple moving average is $113.57. 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 price-to-earnings ratio of 34.55 and a beta of 1.34.

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.