Vanguard Information Technology ETF $VGT Shares Acquired by MOR Wealth Management LLC

MOR Wealth Management LLC lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 696.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,487 shares of the exchange traded fund’s stock after purchasing an additional 10,920 shares during the period. Vanguard Information Technology ETF comprises approximately 0.6% of MOR Wealth Management LLC’s holdings, making the stock its 27th biggest holding. MOR Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,492,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VGT. Brighton Jones LLC lifted its position in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares in the last quarter. AQR Capital Management LLC increased its position in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares in the last quarter. Schnieders Capital Management LLC. increased its position in Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in Vanguard Information Technology ETF by 17.9% in the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.3%

NYSEARCA:VGT opened at $121.27 on Friday. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The firm has a market cap of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. The company’s 50-day moving average is $117.35 and its two-hundred day moving average is $107.87.

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.