NWF Advisory Services Inc. Purchases 108,328 Shares of Vanguard Information Technology ETF $VGT

NWF Advisory Services Inc. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 737.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,009 shares of the exchange traded fund’s stock after buying an additional 108,328 shares during the period. Vanguard Information Technology ETF accounts for approximately 1.4% of NWF Advisory Services Inc.’s investment portfolio, making the stock its 17th biggest position. NWF Advisory Services Inc.’s holdings in Vanguard Information Technology ETF were worth $14,702,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Information Technology ETF by 657.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after acquiring an additional 4,107,038 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 693.4% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after purchasing an additional 2,116,095 shares during the period. Nissay Asset Management Corp Japan raised its holdings in shares of Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock valued at $195,752,000 after purchasing an additional 1,433,089 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 690.1% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock valued at $164,724,000 after purchasing an additional 1,203,781 shares during the period. Finally, Taiyo Life Insurance Co. lifted its stake in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Taiyo Life Insurance Co. now owns 1,352,000 shares of the exchange traded fund’s stock valued at $161,591,000 after purchasing an additional 1,183,000 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $120.88 on Friday. The stock has a 50-day simple moving average of $117.20 and a 200 day simple moving average of $107.77. The stock has a market capitalization of $148.19 billion, a P/E ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00.

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.