Heffernan Advisory Inc. boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 110.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,400 shares of the exchange traded fund’s stock after acquiring an additional 4,400 shares during the quarter. Vanguard Information Technology ETF accounts for about 0.7% of Heffernan Advisory Inc.’s investment portfolio, making the stock its 14th biggest position. Heffernan Advisory Inc.’s holdings in Vanguard Information Technology ETF were worth $1,056,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake 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 worth $565,516,000 after buying an additional 4,107,038 shares during the last quarter. HighTower Advisors LLC boosted its stake in 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 purchasing an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in 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 buying an additional 2,967,256 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in Vanguard Information Technology ETF by 693.4% in the second 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 during the period. Finally, Nissay Asset Management Corp Japan increased its position in Vanguard Information Technology ETF by 700.0% in the second 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 during the period.
Vanguard Information Technology ETF Stock Performance
Vanguard Information Technology ETF stock traded down $0.43 during trading hours on Tuesday, reaching $126.08. 1,686,973 shares of the company’s stock traded hands, compared to its average volume of 4,429,297. The firm has a market capitalization of $155.09 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66. The firm’s 50 day moving average is $122.31 and its 200-day moving average is $114.10.
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.
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