Fairway Financial LLC Has $8.18 Million Position in Vanguard Information Technology ETF $VGT

Fairway Financial LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 693.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 68,415 shares of the exchange traded fund’s stock after buying an additional 59,797 shares during the period. Vanguard Information Technology ETF accounts for about 5.6% of Fairway Financial LLC’s portfolio, making the stock its 8th largest holding. Fairway Financial LLC’s holdings in Vanguard Information Technology ETF were worth $8,177,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the period. AQR Capital Management LLC increased its stake in shares of Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Vanguard Information Technology ETF by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Vanguard Information Technology ETF by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock worth $650,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $119.13 on Thursday. The business has a fifty day simple moving average of $117.10 and a 200 day simple moving average of $107.57. The company has a market capitalization of $146.04 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00.

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.