Vanguard Information Technology ETF $VGT Stock: Verus Capital Partners LLC Boosts Position

Verus Capital Partners LLC boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 257.2% during the third quarter, Holdings Channel reports. The firm owned 33,621 shares of the exchange traded fund’s stock after buying an additional 24,209 shares during the quarter. Verus Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $4,225,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VGT. Bank of America Corp DE increased its position in shares of Vanguard Information Technology ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after buying an additional 241,421 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after buying an additional 4,107,038 shares during the last quarter. Systematic Alpha Investments LLC raised its stake in shares of Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after buying an additional 576,100 shares during the last quarter. 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 worth $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Finally, 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 worth $398,041,000 after buying an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.4%

Shares of NYSEARCA VGT opened at $108.51 on Friday. The stock has a market cap of $134.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $130.66. The company’s 50-day moving average price is $121.84 and its 200 day moving average price is $109.73.

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.