Vanguard Information Technology ETF $VGT Stake Boosted by Park National Corp OH

Park National Corp OH lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 633.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 429,410 shares of the exchange traded fund’s stock after purchasing an additional 370,836 shares during the quarter. Vanguard Information Technology ETF comprises 1.4% of Park National Corp OH’s portfolio, making the stock its 15th largest position. Park National Corp OH’s holdings in Vanguard Information Technology ETF were worth $51,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Clark Asset Management LLC lifted its stake in Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after buying an additional 5,014 shares during the last quarter. Baron Financial Group LLC grew its position in shares of Vanguard Information Technology ETF by 700.0% during the second quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 4,396 shares during the last quarter. Ballast Inc. grew its position in shares of Vanguard Information Technology ETF by 848.4% during the second quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock worth $5,977,000 after acquiring an additional 44,736 shares during the last quarter. Abound Wealth Management grew its position in shares of Vanguard Information Technology ETF by 668.5% during the second quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 4,439 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in shares of Vanguard Information Technology ETF by 234.1% in the 2nd quarter. Focus Financial Network Inc. now owns 23,788 shares of the exchange traded fund’s stock worth $2,843,000 after acquiring an additional 16,669 shares during the period.

Vanguard Information Technology ETF Stock Up 1.1%

Shares of NYSEARCA:VGT opened at $122.99 on Friday. The company has a market cap of $150.77 billion, a PE ratio of 34.55 and a beta of 1.34. The company’s 50-day moving average price is $116.44 and its 200 day moving average price is $104.99. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week 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.