Vanguard Information Technology ETF $VGT Stock: StoneX Group Inc. Grows Position

StoneX Group Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 58,891 shares of the exchange traded fund’s stock after purchasing an additional 5,224 shares during the period. StoneX Group Inc.’s holdings in Vanguard Information Technology ETF were worth $7,339,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of Vanguard Information Technology ETF by 1.6% in the first 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 buying an additional 241,421 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after buying an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 817.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after acquiring an additional 2,967,256 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Vanguard Information Technology ETF by 693.4% during the 2nd 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.

Vanguard Information Technology ETF Trading Up 1.4%

Shares of NYSEARCA:VGT opened at $108.51 on Friday. The stock has a 50 day moving average of $121.84 and a 200 day moving average of $109.73. The company has a market cap of $134.64 billion, a PE ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $130.66.

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.