Vanguard Information Technology ETF $VGT Shares Acquired by Ramsay Stattman Vela & Price Inc.

Ramsay Stattman Vela & Price Inc. increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 645.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,712 shares of the exchange traded fund’s stock after buying an additional 11,873 shares during the quarter. Ramsay Stattman Vela & Price Inc.’s holdings in Vanguard Information Technology ETF were worth $1,639,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VGT. HighTower Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares during the last quarter. Florida Trust Wealth Management Co raised its position in Vanguard Information Technology ETF by 725.8% during the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after buying an additional 19,104 shares during the last quarter. First Merchants Corp raised its position in Vanguard Information Technology ETF by 744.7% during 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 lifted its stake 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 acquiring an additional 51,687 shares during the period. Finally, Clark Asset Management LLC lifted its stake 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 acquiring an additional 5,014 shares during the period.

Vanguard Information Technology ETF Trading Down 0.2%

Shares of VGT stock traded down $0.22 during trading hours on Tuesday, hitting $121.05. The company’s stock had a trading volume of 2,916,068 shares, compared to its average volume of 4,479,550. The stock has a market cap of $148.40 billion, a PE ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The company has a 50 day moving average of $117.48 and a 200 day moving average of $108.40.

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.