Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Holderness Investments Co.

Holderness Investments Co. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 972 shares of the exchange traded fund’s stock after buying an additional 105 shares during the period. Holderness Investments Co.’s holdings in Vanguard Information Technology ETF were worth $560,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VGT. Richardson Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the first quarter worth about $29,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $32,000. Bell Investment Advisors Inc purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $33,000. Opal Wealth Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the first quarter worth approximately $34,000. Finally, MTM Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the first quarter worth approximately $35,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $577.62 on Friday. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15. The stock has a market capitalization of $72.73 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average price is $561.94 and its 200 day moving average price is $546.28.

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).