Financial Life Advisors Buys 6,812 Shares of Vanguard Information Technology ETF $VGT

Financial Life Advisors grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 769.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,697 shares of the exchange traded fund’s stock after acquiring an additional 6,812 shares during the period. Financial Life Advisors’ holdings in Vanguard Information Technology ETF were worth $920,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Information Technology ETF by 657.6% in the second 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 acquiring an additional 4,107,038 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Vanguard Information Technology ETF by 693.4% in the second 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 buying an additional 2,116,095 shares in the last quarter. Nissay Asset Management Corp Japan grew its position in Vanguard Information Technology ETF by 700.0% during the second quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock worth $195,752,000 after buying an additional 1,433,089 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 690.1% during the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after purchasing an additional 1,203,781 shares in the last quarter. Finally, Taiyo Life Insurance Co. grew its stake in 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.

Vanguard Information Technology ETF Trading Up 0.3%

Shares of NYSEARCA:VGT opened at $120.49 on Tuesday. The firm has a 50 day moving average of $116.96 and a 200-day moving average of $107.19. The stock has a market capitalization of $147.71 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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.