Dagco Inc. Has $11.28 Million Position in Vanguard Information Technology ETF $VGT

Dagco Inc. raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 705.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 94,349 shares of the exchange traded fund’s stock after purchasing an additional 82,630 shares during the quarter. Vanguard Information Technology ETF makes up 2.1% of Dagco Inc.’s holdings, making the stock its 14th largest position. Dagco Inc.’s holdings in Vanguard Information Technology ETF were worth $11,277,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in VGT. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard Information Technology ETF by 497.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares during the last quarter. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $29,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $31,000.

Vanguard Information Technology ETF Trading Down 0.1%

Shares of NYSEARCA:VGT opened at $120.17 on Wednesday. The firm has a market cap of $147.32 billion, a price-to-earnings 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. The business has a fifty day simple moving average of $116.48 and a 200 day simple moving average of $104.59.

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.