Vanguard Information Technology ETF $VGT Stake Boosted by Syon Capital LLC

Syon Capital LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 597.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,818 shares of the exchange traded fund’s stock after buying an additional 53,815 shares during the period. Syon Capital LLC’s holdings in Vanguard Information Technology ETF were worth $7,508,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Florida Trust Wealth Management Co increased its stake in Vanguard Information Technology ETF by 725.8% in the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after buying an additional 19,104 shares during the period. First Merchants Corp boosted its stake in shares of Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after buying an additional 292,331 shares during the period. Innovative Wealth Building LLC boosted its stake in shares of Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after buying an additional 51,687 shares during the period. Clark Asset Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 1,004.8% during the 2nd 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. Finally, Financial & Tax Architects LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $491,000.

Vanguard Information Technology ETF Trading Up 1.5%

NYSEARCA VGT opened at $120.88 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The firm’s fifty day simple moving average is $117.20 and its 200-day simple moving average is $107.77. The company has a market capitalization of $148.19 billion, a PE ratio of 34.55 and a beta of 1.35.

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.