Lam Group Inc. Increases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lam Group Inc. increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,969 shares of the exchange traded fund’s stock after buying an additional 714 shares during the period. Vanguard Information Technology ETF accounts for 2.6% of Lam Group Inc.’s portfolio, making the stock its 14th largest position. Lam Group Inc.’s holdings in Vanguard Information Technology ETF were worth $3,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard Information Technology ETF by 45.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 29 shares in the last quarter. Carnegie Investment Counsel grew its holdings in Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after purchasing an additional 117 shares during the period. Elevation Capital Advisory LLC purchased a new stake in Vanguard Information Technology ETF in the second quarter worth about $1,983,000. FMR LLC increased its stake in shares of Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 21.2% during the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after purchasing an additional 7,223 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.5 %

Vanguard Information Technology ETF stock opened at $627.47 on Tuesday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.66. The company has a market capitalization of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock’s 50 day moving average is $627.16 and its 200 day moving average is $594.91.

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).