Barings LLC Increases Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Barings LLC increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 219.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,474 shares of the exchange traded fund’s stock after purchasing an additional 12,694 shares during the quarter. Barings LLC’s holdings in Vanguard Information Technology ETF were worth $11,487,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC grew its position in Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after buying an additional 1,229,688 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after buying an additional 26,845 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth about $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after buying an additional 510,798 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.2 %

Vanguard Information Technology ETF stock opened at $575.87 on Friday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The business has a 50-day simple moving average of $619.75 and a 200 day simple moving average of $607.06. The stock has a market cap of $79.94 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

Vanguard Information Technology ETF 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).