Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Boosted by Exchange Capital Management Inc.

Exchange Capital Management Inc. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 83.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,619 shares of the exchange traded fund’s stock after buying an additional 1,188 shares during the period. Exchange Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $369,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. CAPROCK Group Inc. bought a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at about $232,000. Pillar Pacific Capital Management LLC increased its stake in shares of Vanguard Information Technology ETF by 2.9% in the second quarter. Pillar Pacific Capital Management LLC now owns 8,507 shares of the exchange traded fund’s stock valued at $1,198,000 after buying an additional 240 shares during the period. Honkamp Krueger Financial Services Inc. increased its stake in shares of Vanguard Information Technology ETF by 124.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 18,066 shares of the exchange traded fund’s stock valued at $2,544,000 after buying an additional 10,011 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Vanguard Information Technology ETF by 3.6% in the second quarter. Janney Montgomery Scott LLC now owns 91,974 shares of the exchange traded fund’s stock valued at $12,954,000 after buying an additional 3,176 shares during the period. Finally, First Merchants Corp increased its stake in shares of Vanguard Information Technology ETF by 35.2% in the second quarter. First Merchants Corp now owns 13,487 shares of the exchange traded fund’s stock valued at $1,900,000 after buying an additional 3,512 shares during the period.

Shares of Vanguard Information Technology ETF (NYSEARCA VGT) traded up 0.79% during midday trading on Friday, reaching $146.00. The company had a trading volume of 401,596 shares. Vanguard Information Technology ETF has a one year low of $115.00 and a one year high of $149.78. The company has a 50-day moving average price of $145.62 and a 200 day moving average price of $139.12.

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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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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