Dynamic Advisor Solutions LLC Acquires 24,088 Shares of Vanguard Information Technology ETF $VGT

Dynamic Advisor Solutions LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 995.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,507 shares of the exchange traded fund’s stock after acquiring an additional 24,088 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,168,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE lifted its stake in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares during the period. Trilogy Capital Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 604.7% in the second quarter. Trilogy Capital Inc. now owns 34,666 shares of the exchange traded fund’s stock worth $4,143,000 after buying an additional 29,747 shares during the last quarter. CoreCap Advisors LLC grew its position in Vanguard Information Technology ETF by 704.3% during the second quarter. CoreCap Advisors LLC now owns 154,381 shares of the exchange traded fund’s stock valued at $18,452,000 after buying an additional 135,186 shares during the period. Fifth Third Bancorp grew its position in Vanguard Information Technology ETF by 143.1% during the first quarter. Fifth Third Bancorp now owns 118,764 shares of the exchange traded fund’s stock valued at $82,864,000 after buying an additional 69,911 shares during the period. Finally, Everest Financial Group LLC purchased a new stake in Vanguard Information Technology ETF during the first quarter valued at approximately $3,937,000.

Vanguard Information Technology ETF Trading Down 0.1%

VGT opened at $119.60 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market capitalization of $146.62 billion, a PE ratio of 34.55 and a beta of 1.34. The firm’s 50 day simple moving average is $116.66 and its two-hundred day simple moving average is $104.02.

Vanguard Information Technology ETF Company 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.