Nvest Financial LLC Has $1.24 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Nvest Financial LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 31.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,987 shares of the exchange traded fund’s stock after purchasing an additional 476 shares during the quarter. Nvest Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,235,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Thrivent Financial for Lutherans raised its position in shares of Vanguard Information Technology ETF by 0.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock valued at $2,343,000 after buying an additional 37 shares in the last quarter. Marshall Wace LLP increased its stake in Vanguard Information Technology ETF by 187.7% in the second quarter. Marshall Wace LLP now owns 5,521 shares of the exchange traded fund’s stock valued at $3,183,000 after acquiring an additional 3,602 shares during the last quarter. Squarepoint Ops LLC raised its position in Vanguard Information Technology ETF by 19.4% during the second quarter. Squarepoint Ops LLC now owns 2,966 shares of the exchange traded fund’s stock valued at $1,710,000 after purchasing an additional 481 shares in the last quarter. AQR Capital Management LLC lifted its stake in Vanguard Information Technology ETF by 44.2% during the second quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock worth $527,000 after purchasing an additional 280 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $291,000.

Vanguard Information Technology ETF Stock Up 3.1 %

Shares of VGT stock opened at $625.71 on Wednesday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market cap of $78.79 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a fifty day simple moving average of $629.59 and a 200 day simple moving average of $596.56.

Vanguard Information Technology ETF 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).