Vanguard Information Technology ETF $VGT Shares Purchased by Laurel Oak Wealth Management LLC

Laurel Oak Wealth Management LLC boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 701.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,220 shares of the exchange traded fund’s stock after purchasing an additional 90,344 shares during the period. Vanguard Information Technology ETF makes up 1.8% of Laurel Oak Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Laurel Oak Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $12,337,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VGT. Brighton Jones LLC grew its stake in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares during the period. AQR Capital Management LLC raised its position in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after buying an additional 1,854 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after buying an additional 305 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after acquiring an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $122.56 on Monday. The firm has a market capitalization of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock has a 50 day moving average of $116.58 and a 200 day moving average of $105.18.

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). 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.