AMI Investment Management Inc. Boosts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

AMI Investment Management Inc. lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 59,665 shares of the exchange traded fund’s stock after acquiring an additional 5,560 shares during the period. Vanguard Information Technology ETF accounts for about 11.8% of AMI Investment Management Inc.’s investment portfolio, making the stock its largest holding. AMI Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $34,995,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wulff Hansen & CO. boosted its stake in Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after buying an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC increased its position in Vanguard Information Technology ETF by 6,873.3% during the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after buying an additional 307,580 shares in the last quarter. Beacon Capital Management Inc. raised its stake in Vanguard Information Technology ETF by 189.0% during the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after buying an additional 207,468 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Vanguard Information Technology ETF by 665.9% in the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after acquiring an additional 205,928 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.3 %

Shares of NYSEARCA:VGT traded up $7.40 on Friday, hitting $585.04. 354,745 shares of the company traded hands, compared to its average volume of 468,006. The stock has a 50 day simple moving average of $562.01 and a 200-day simple moving average of $549.74. The company has a market cap of $73.67 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15.

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).