Vanguard Information Technology ETF (NYSEARCA:VGT) Stock Position Boosted by AMI Investment Management Inc.

AMI Investment Management Inc. grew its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,094 shares of the exchange traded fund’s stock after purchasing an additional 2,548 shares during the quarter. Vanguard Information Technology ETF comprises approximately 10.1% of AMI Investment Management Inc.’s portfolio, making the stock its 2nd largest holding. AMI Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $27,839,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.B. Root & Company LLC acquired a new position in Vanguard Information Technology ETF during the 1st quarter worth about $200,000. Trilogy Capital Inc. lifted its stake in Vanguard Information Technology ETF by 2.1% in the first quarter. Trilogy Capital Inc. now owns 5,248 shares of the exchange traded fund’s stock worth $2,752,000 after acquiring an additional 107 shares during the last quarter. Cornerstone Wealth Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at $245,000. Richardson Capital Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 1st quarter valued at $29,000. Finally, Physician Wealth Advisors Inc. lifted its position in shares of Vanguard Information Technology ETF by 4.3% during the 1st quarter. Physician Wealth Advisors Inc. now owns 3,373 shares of the exchange traded fund’s stock worth $1,704,000 after purchasing an additional 138 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock traded down $0.21 during trading hours on Friday, hitting $576.59. The company had a trading volume of 380,444 shares, compared to its average volume of 456,512. The company’s 50-day moving average is $539.46 and its two-hundred day moving average is $516.70. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $593.10. The company has a market cap of $72.60 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).