Community Bank N.A. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 698.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,270 shares of the exchange traded fund’s stock after purchasing an additional 17,730 shares during the period. Community Bank N.A.’s holdings in Vanguard Information Technology ETF were worth $2,423,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after acquiring an additional 241,421 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Information Technology ETF by 657.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after acquiring an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC boosted its stake in Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in 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 worth $289,390,000 after purchasing an additional 2,116,095 shares during the period.
Vanguard Information Technology ETF Trading Down 0.2%
VGT opened at $121.05 on Wednesday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market cap of $148.40 billion, a P/E ratio of 34.55 and a beta of 1.35. The company has a fifty day moving average price of $117.48 and a two-hundred day moving average price of $108.40.
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.
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