Vanguard Information Technology ETF $VGT is Folger Nolan Fleming Douglas Capital Management Inc.’s Largest Position

Folger Nolan Fleming Douglas Capital Management Inc. reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 178,036 shares of the exchange traded fund’s stock after selling 1,723 shares during the quarter. Vanguard Information Technology ETF comprises 13.9% of Folger Nolan Fleming Douglas Capital Management Inc.’s investment portfolio, making the stock its largest position. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $132,927,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VGT. Wheelhouse Advisory Group LLC raised its holdings in Vanguard Information Technology ETF by 6.1% in the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after buying an additional 1,317 shares during the last quarter. Endowment Wealth Management Inc. bought a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $289,000. AMI Investment Management Inc. raised its holdings in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock worth $50,173,000 after acquiring an additional 2,726 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Vanguard Information Technology ETF by 98.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock valued at $4,723,000 after acquiring an additional 3,138 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in Vanguard Information Technology ETF by 2.8% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock valued at $552,305,000 after acquiring an additional 20,182 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.7%

Vanguard Information Technology ETF stock opened at $775.18 on Thursday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a fifty day simple moving average of $756.52 and a two-hundred day simple moving average of $737.20. The firm has a market cap of $116.00 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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.