Baird Financial Group Inc. Raises Holdings in Vanguard Information Technology ETF $VGT

Baird Financial Group Inc. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,902 shares of the exchange traded fund’s stock after buying an additional 2,613 shares during the period. Baird Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $24,476,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Kilter Group LLC bought a new position in Vanguard Information Technology ETF during the 2nd quarter worth about $37,000. Sawyer & Company Inc purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $38,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $40,000. Blume Capital Management Inc. increased its holdings in Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 25 shares during the period. Finally, Clearstead Trust LLC purchased a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $45,000.

Vanguard Information Technology ETF Stock Up 0.4%

Shares of NYSEARCA:VGT opened at $767.97 on Friday. The firm has a 50 day moving average of $759.37 and a 200 day moving average of $704.36. The company has a market capitalization of $113.62 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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).