Vanguard Information Technology ETF $VGT Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 34.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 283,923 shares of the exchange traded fund’s stock after purchasing an additional 72,029 shares during the quarter. Russell Investments Group Ltd.’s holdings in Vanguard Information Technology ETF were worth $211,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in VGT. Jefferies Financial Group Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $1,680,300,000. Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 210,235.8% during the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after buying an additional 1,486,367 shares in the last quarter. PGIM Custom Harvest LLC grew its holdings in shares of Vanguard Information Technology ETF by 48.7% during the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock worth $518,297,000 after buying an additional 255,787 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Vanguard Information Technology ETF by 2,925.1% in the second quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock valued at $101,106,000 after buying an additional 147,394 shares during the last quarter. Finally, Beacon Capital Management Inc. raised its position in shares of Vanguard Information Technology ETF by 193.4% in the second quarter. Beacon Capital Management Inc. now owns 193,722 shares of the exchange traded fund’s stock valued at $128,492,000 after buying an additional 127,702 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $719.03 on Monday. The company has a market capitalization of $107.60 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company’s 50 day simple moving average is $746.66 and its 200 day simple moving average is $746.32. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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.