Strategic Investment Solutions Inc. IL Has $6.40 Million Stake in Vanguard Information Technology ETF $VGT

Strategic Investment Solutions Inc. IL raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 33.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,561 shares of the exchange traded fund’s stock after purchasing an additional 2,128 shares during the period. Vanguard Information Technology ETF makes up about 1.7% of Strategic Investment Solutions Inc. IL’s portfolio, making the stock its 13th largest holding. Strategic Investment Solutions Inc. IL’s holdings in Vanguard Information Technology ETF were worth $6,399,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VGT. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 1.1% during the second quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock worth $4,107,085,000 after purchasing an additional 66,303 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $1,680,300,000. Laurel Wealth Advisors LLC grew its position in 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. Raymond James Financial Inc. grew its position in Vanguard Information Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock worth $557,140,000 after buying an additional 51,543 shares in the last quarter. Finally, PGIM Custom Harvest LLC increased its stake in Vanguard Information Technology ETF by 4.4% during the 3rd quarter. PGIM Custom Harvest LLC now owns 815,540 shares of the exchange traded fund’s stock worth $608,907,000 after acquiring an additional 34,125 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $719.85 on Thursday. The stock has a market capitalization of $107.72 billion, a PE ratio of 34.55 and a beta of 1.25. The business has a fifty day moving average price of $741.23 and a two-hundred day moving average price of $747.65. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week 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.