Kestra Private Wealth Services LLC Raises Holdings in Vanguard Information Technology ETF $VGT

Kestra Private Wealth Services LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 692.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,313 shares of the exchange traded fund’s stock after purchasing an additional 168,043 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Information Technology ETF were worth $22,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Taiyo Life Insurance Co. grew its position in shares of Vanguard Information Technology ETF by 700.0% during the second quarter. Taiyo Life Insurance Co. now owns 1,352,000 shares of the exchange traded fund’s stock worth $161,591,000 after buying an additional 1,183,000 shares in the last quarter. Pioneer Family Office LLC increased its stake in shares of Vanguard Information Technology ETF by 752.5% during the second quarter. Pioneer Family Office LLC now owns 212,483 shares of the exchange traded fund’s stock worth $25,396,000 after buying an additional 187,558 shares during the period. Werba Rubin Papier Wealth Management raised its holdings in Vanguard Information Technology ETF by 734.6% in the second quarter. Werba Rubin Papier Wealth Management now owns 6,560 shares of the exchange traded fund’s stock valued at $784,000 after acquiring an additional 5,774 shares in the last quarter. Whittier Trust Co. lifted its stake in Vanguard Information Technology ETF by 699.9% in the second quarter. Whittier Trust Co. now owns 25,501 shares of the exchange traded fund’s stock worth $2,968,000 after acquiring an additional 22,313 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Vanguard Information Technology ETF by 700.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 4,056 shares of the exchange traded fund’s stock worth $463,000 after acquiring an additional 3,549 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.8%

NYSEARCA VGT opened at $118.80 on Thursday. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a 50 day moving average of $116.91 and a two-hundred day moving average of $105.69. The stock has a market capitalization of $145.64 billion, a PE ratio of 34.55 and a beta of 1.34.

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.