Flputnam Investment Management Co. Buys 64,619 Shares of Vanguard Information Technology ETF $VGT

Flputnam Investment Management Co. lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 656.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,466 shares of the exchange traded fund’s stock after purchasing an additional 64,619 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard Information Technology ETF were worth $8,900,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VGT. Bank of America Corp DE raised its position in Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 acquiring an additional 4,107,038 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after acquiring an additional 2,116,095 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Vanguard Information Technology ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after acquiring an additional 25,901 shares during the period.

Vanguard Information Technology ETF Stock Down 1.5%

Vanguard Information Technology ETF stock opened at $120.07 on Friday. The business’s 50-day simple moving average is $116.96 and its 200 day simple moving average is $106.91. The stock has a market cap of $147.20 billion, a price-to-earnings 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.

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.