RFG Advisory LLC Has $5.05 Million Holdings in Vanguard Information Technology ETF $VGT

by · The Markets Daily

RFG Advisory LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 623.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,249 shares of the exchange traded fund’s stock after acquiring an additional 36,411 shares during the quarter. RFG Advisory LLC’s holdings in Vanguard Information Technology ETF were worth $5,050,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after purchasing an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC lifted its holdings 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 valued at $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings 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 purchasing an additional 2,116,095 shares in the last quarter. Nissay Asset Management Corp Japan boosted its position in shares of Vanguard Information Technology ETF by 700.0% in 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 during the period. Finally, Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in shares of Vanguard Information Technology ETF by 690.1% in the second 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 buying an additional 1,203,781 shares during the period.

Vanguard Information Technology ETF Trading Down 0.1%

Shares of VGT stock opened at $120.89 on Thursday. 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 capitalization of $148.20 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. The stock’s fifty day simple moving average is $117.55 and its 200-day simple moving average is $108.60.

Vanguard Information Technology ETF Company Profile

(Free Report)

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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