Lam Group Inc. Buys 480 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Lam Group Inc. raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 9.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,311 shares of the exchange traded fund’s stock after purchasing an additional 480 shares during the period. Vanguard Information Technology ETF accounts for approximately 2.3% of Lam Group Inc.’s portfolio, making the stock its 15th largest holding. Lam Group Inc.’s holdings in Vanguard Information Technology ETF were worth $2,785,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 0.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,868,466 shares of the exchange traded fund’s stock worth $2,019,927,000 after acquiring an additional 36,740 shares during the period. Morgan Stanley increased its stake in shares of Vanguard Information Technology ETF by 1.3% in the third quarter. Morgan Stanley now owns 1,861,916 shares of the exchange traded fund’s stock worth $772,509,000 after purchasing an additional 23,227 shares in the last quarter. UBS Group AG increased its stake in shares of Vanguard Information Technology ETF by 1.8% in the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after purchasing an additional 31,323 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $692,917,000. Finally, LPL Financial LLC boosted its holdings in Vanguard Information Technology ETF by 6.0% in the 3rd quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock worth $429,844,000 after buying an additional 58,893 shares during the period.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock traded up $2.35 during mid-day trading on Wednesday, reaching $588.82. The company’s stock had a trading volume of 465,665 shares, compared to its average volume of 454,944. The firm’s fifty day moving average price is $527.72 and its two-hundred day moving average price is $510.47. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $590.18. The company has a market capitalization of $74.14 billion, a P/E ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

(Free Report)

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).

Further Reading

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

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