Sumitomo Mitsui DS Asset Management Company Ltd Buys 3,138 Shares of Vanguard Information Technology ETF $VGT

Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 98.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,326 shares of the exchange traded fund’s stock after purchasing an additional 3,138 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Information Technology ETF were worth $4,723,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VGT. Wheelhouse Advisory Group LLC raised its position in shares of Vanguard Information Technology ETF by 6.1% in the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after acquiring an additional 1,317 shares during the period. Endowment Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $289,000. AMI Investment Management Inc. lifted its position in shares of Vanguard Information Technology ETF by 4.2% in the third quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock valued at $50,173,000 after acquiring an additional 2,726 shares in the last quarter. Asset Planning Services Inc. LA ADV acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth $615,000. Finally, Americana Partners LLC raised its holdings in Vanguard Information Technology ETF by 10.1% in the 2nd quarter. Americana Partners LLC now owns 1,631 shares of the exchange traded fund’s stock valued at $1,082,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.9%

NYSEARCA VGT opened at $761.96 on Monday. The business’s fifty day simple moving average is $757.67 and its 200-day simple moving average is $729.31. The firm has a market cap of $114.02 billion, a PE 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.

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.