Exchange Capital Management Inc. Boosts Stake in Vanguard Information Technology ETF (VGT)

Exchange Capital Management Inc. raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,464 shares of the exchange traded fund’s stock after acquiring an additional 1,298 shares during the quarter. Vanguard Information Technology ETF comprises 1.6% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Exchange Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $5,711,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. Cordasco Financial Network acquired a new position in shares of Vanguard Information Technology ETF during the first quarter valued at about $28,000. Patten Group Inc. acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $27,000. Cascade Investment Advisors Inc. acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $37,000. MCF Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 53.9% in the 4th quarter. MCF Advisors LLC now owns 234 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 82 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth about $42,000.

VGT opened at $205.97 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $154.72 and a fifty-two week high of $215.77.

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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).

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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