Joule Financial LLC Increases Stock Position in Vanguard Information Technology ETF $VGT

Joule Financial LLC boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 685.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 53,143 shares of the exchange traded fund’s stock after purchasing an additional 46,375 shares during the period. Vanguard Information Technology ETF makes up about 1.7% of Joule Financial LLC’s holdings, making the stock its 8th biggest holding. Joule Financial LLC’s holdings in Vanguard Information Technology ETF were worth $6,352,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clark Asset Management LLC increased its position in shares of Vanguard Information Technology ETF by 1,004.8% during the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after acquiring an additional 5,014 shares in the last quarter. Baron Financial Group LLC lifted its position in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 4,396 shares in the last quarter. Ballast Inc. boosted its stake in Vanguard Information Technology ETF by 848.4% during the 2nd quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock valued at $5,977,000 after purchasing an additional 44,736 shares during the last quarter. Abound Wealth Management boosted its stake in Vanguard Information Technology ETF by 668.5% during the 2nd quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 4,439 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in shares of Vanguard Information Technology ETF by 234.1% in the 2nd quarter. Focus Financial Network Inc. now owns 23,788 shares of the exchange traded fund’s stock worth $2,843,000 after purchasing an additional 16,669 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $122.99 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The business has a fifty day moving average price of $116.44 and a 200-day moving average price of $104.99. The stock has a market capitalization of $150.77 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.