Vanguard Information Technology ETF $VGT Shares Purchased by MontVue Capital Management Inc.

MontVue Capital Management Inc. lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,280 shares of the exchange traded fund’s stock after acquiring an additional 43,120 shares during the period. Vanguard Information Technology ETF makes up approximately 3.4% of MontVue Capital Management Inc.’s portfolio, making the stock its 7th biggest position. MontVue Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $5,890,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VGT. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares during the period. Wells Financial Advisors INC acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. RHL Group LLC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $31,000.

Vanguard Information Technology ETF Stock Down 0.8%

Vanguard Information Technology ETF stock opened at $118.80 on Thursday. The company has a market capitalization of $145.64 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The firm’s fifty day moving average is $116.91 and its 200 day moving average is $105.69.

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.