Advisors Capital Management LLC Has $9.39 Million Stake in Vanguard Information Technology ETF $VGT

Advisors Capital Management LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,156 shares of the exchange traded fund’s stock after acquiring an additional 789 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $9,389,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGT. Kingstone Capital Partners Texas LLC bought a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $773,405,000. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth approximately $454,530,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after acquiring an additional 359,822 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Information Technology ETF by 210.4% in the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after acquiring an additional 59,877 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Information Technology ETF by 8.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock worth $338,123,000 after acquiring an additional 50,870 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $756.26 on Friday. The stock’s 50 day simple moving average is $754.35 and its 200 day simple moving average is $686.72. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The firm has a market cap of $111.89 billion, a PE ratio of 34.55 and a beta of 1.25.

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).