Vanguard Information Technology ETF $VGT Holdings Boosted by First PREMIER Bank

First PREMIER Bank grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 707.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,242 shares of the exchange traded fund’s stock after acquiring an additional 117,615 shares during the period. Vanguard Information Technology ETF comprises approximately 2.6% of First PREMIER Bank’s holdings, making the stock its 7th largest position. First PREMIER Bank’s holdings in Vanguard Information Technology ETF were worth $16,045,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Roman Butler Fullerton & Co. boosted its position in shares of Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 14 shares during the period. Plancorp LLC grew its position in shares of Vanguard Information Technology ETF by 0.7% during the fourth quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after purchasing an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC increased its stake in Vanguard Information Technology ETF by 2.9% in the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $370,000 after acquiring an additional 14 shares during the last quarter. Fortis Capital Advisors LLC raised its stake in Vanguard Information Technology ETF by 0.9% during the fourth quarter. Fortis Capital Advisors LLC now owns 1,714 shares of the exchange traded fund’s stock valued at $1,292,000 after purchasing an additional 15 shares in the last quarter. Finally, Running Point Capital Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 0.7% during the 4th quarter. Running Point Capital Advisors LLC now owns 2,062 shares of the exchange traded fund’s stock valued at $1,555,000 after buying an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $122.99 on Friday. The stock’s 50 day simple moving average is $116.44 and its two-hundred day simple moving average is $104.99. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The company has a market cap of $150.77 billion, a PE ratio of 34.55 and a beta of 1.34.

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.