Clifford Swan Investment Counsel LLC Raises Stock Position in Vanguard Information Technology ETF $VGT

Clifford Swan Investment Counsel LLC lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,568 shares of the exchange traded fund’s stock after purchasing an additional 23,247 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Vanguard Information Technology ETF were worth $3,175,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Florida Trust Wealth Management Co lifted its holdings in shares of Vanguard Information Technology ETF by 725.8% during the second quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after purchasing an additional 19,104 shares during the last quarter. First Merchants Corp grew its stake in shares of Vanguard Information Technology ETF by 744.7% in the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after buying an additional 292,331 shares during the last quarter. Innovative Wealth Building LLC increased its position in Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after buying an additional 51,687 shares in the last quarter. Clark Asset Management LLC increased its position in Vanguard Information Technology ETF by 1,004.8% during the 2nd 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 in the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in Vanguard Information Technology ETF during the second quarter valued at $491,000.

Vanguard Information Technology ETF Trading Up 0.3%

Vanguard Information Technology ETF stock opened at $120.49 on Tuesday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The company has a market capitalization of $147.71 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business’s fifty day simple moving average is $116.96 and its two-hundred day simple moving average is $107.19.

Vanguard Information Technology ETF Company 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.