Garrison Point Advisors LLC Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Garrison Point Advisors LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.3% in the third quarter, Holdings Channel.com reports. The fund owned 1,316 shares of the exchange traded fund’s stock after buying an additional 30 shares during the quarter. Garrison Point Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $772,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wulff Hansen & CO. grew its holdings in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Vanguard Information Technology ETF by 54,658.6% during the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after purchasing an additional 1,504,206 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard Information Technology ETF by 5.9% during the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after purchasing an additional 64,672 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Information Technology ETF by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after purchasing an additional 17,933 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock worth $289,357,000 after purchasing an additional 4,910 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $599.12 on Friday. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $610.06. The company has a 50-day simple moving average of $577.75 and a 200-day simple moving average of $557.30. The firm has a market capitalization of $75.44 billion, a PE ratio of 36.30 and a beta of 1.41.

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).