Black Diamond Financial LLC Has $1.09 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Black Diamond Financial LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 21.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,860 shares of the exchange traded fund’s stock after buying an additional 332 shares during the quarter. Black Diamond Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,090,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Wulff Hansen & CO. lifted its stake in shares of Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after purchasing an additional 1,504,206 shares during the last quarter. LPL Financial LLC increased its position in shares of Vanguard Information Technology ETF by 5.9% during the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after buying an additional 64,672 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Information Technology ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after buying an additional 17,933 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Vanguard Information Technology ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after buying an additional 4,910 shares during the period.

Vanguard Information Technology ETF Trading Down 0.4 %

Shares of Vanguard Information Technology ETF stock opened at $617.95 on Friday. The business has a 50-day moving average price of $588.23 and a two-hundred day moving average price of $568.14. Vanguard Information Technology ETF has a 1-year low of $452.47 and a 1-year high of $626.45. The company has a market cap of $77.81 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).