The Manufacturers Life Insurance Company Acquires 6,964 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

The Manufacturers Life Insurance Company increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 109,293 shares of the exchange traded fund’s stock after purchasing an additional 6,964 shares during the quarter. The Manufacturers Life Insurance Company owned 0.09% of Vanguard Information Technology ETF worth $64,103,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Capital Square LLC raised its holdings in shares of Vanguard Information Technology ETF by 24.6% during the third quarter. Capital Square LLC now owns 1,968 shares of the exchange traded fund’s stock worth $1,155,000 after acquiring an additional 389 shares during the period. Summit Trail Advisors LLC increased its holdings in Vanguard Information Technology ETF by 3.7% during the 3rd quarter. Summit Trail Advisors LLC now owns 7,552 shares of the exchange traded fund’s stock worth $4,436,000 after purchasing an additional 267 shares in the last quarter. Crewe Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 6.2% in the 3rd quarter. Crewe Advisors LLC now owns 24,054 shares of the exchange traded fund’s stock valued at $14,108,000 after purchasing an additional 1,411 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Vanguard Information Technology ETF by 46.1% in the third quarter. Larson Financial Group LLC now owns 2,368 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 747 shares in the last quarter. Finally, Jim Saulnier & Associates LLC acquired a new position in shares of Vanguard Information Technology ETF during the third quarter worth about $201,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $616.76 on Thursday. The firm has a market cap of $77.66 billion, a PE ratio of 36.30 and a beta of 1.41. The business’s 50 day simple moving average is $600.16 and its 200 day simple moving average is $575.67. Vanguard Information Technology ETF has a 52-week low of $454.77 and a 52-week high of $627.57.

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).