XML Financial LLC Acquires 256,389 Shares of Vanguard Information Technology ETF $VGT

XML Financial LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 704.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 292,783 shares of the exchange traded fund’s stock after buying an additional 256,389 shares during the period. Vanguard Information Technology ETF comprises about 2.5% of XML Financial LLC’s holdings, making the stock its 4th largest position. XML Financial LLC’s holdings in Vanguard Information Technology ETF were worth $34,993,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Florida Trust Wealth Management Co increased its holdings in Vanguard Information Technology ETF by 725.8% during the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after purchasing an additional 19,104 shares in the last quarter. First Merchants Corp raised its stake in shares of Vanguard Information Technology ETF by 744.7% in the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after purchasing an additional 292,331 shares during the last quarter. Innovative Wealth Building LLC lifted its holdings in shares of Vanguard Information Technology ETF by 748.5% in the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after purchasing an additional 51,687 shares in the last quarter. Clark Asset Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 5,014 shares in the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $491,000.

Vanguard Information Technology ETF Stock Down 1.3%

Shares of NYSEARCA:VGT opened at $118.87 on Wednesday. The business’s 50 day moving average is $117.02 and its 200 day moving average is $107.37. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The stock has a market cap of $145.72 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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). 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.