Exchange Capital Management Inc. Buys 12,944 Shares of Vanguard Information Technology ETF (VGT)

Exchange Capital Management Inc. increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 212.0% in the 4th quarter, HoldingsChannel reports. The firm owned 19,050 shares of the exchange traded fund’s stock after buying an additional 12,944 shares during the quarter. Vanguard Information Technology ETF makes up about 1.1% of Exchange Capital Management Inc.’s portfolio, making the stock its 27th largest position. Exchange Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $3,138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its position in shares of Vanguard Information Technology ETF by 20.4% in the third quarter. Ameriprise Financial Inc. now owns 2,236,477 shares of the exchange traded fund’s stock valued at $339,796,000 after purchasing an additional 378,720 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 37.8% during the third quarter. JPMorgan Chase & Co. now owns 2,060,585 shares of the exchange traded fund’s stock valued at $311,231,000 after buying an additional 565,442 shares during the period. Beacon Capital Management Inc. boosted its stake in Vanguard Information Technology ETF by 1.2% during the fourth quarter. Beacon Capital Management Inc. now owns 1,235,812 shares of the exchange traded fund’s stock valued at $203,575,000 after buying an additional 14,423 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Vanguard Information Technology ETF by 47.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 849,683 shares of the exchange traded fund’s stock valued at $129,496,000 after buying an additional 275,011 shares during the period. Finally, CLS Investments LLC boosted its stake in Vanguard Information Technology ETF by 19.3% during the third quarter. CLS Investments LLC now owns 274,154 shares of the exchange traded fund’s stock valued at $41,669,000 after buying an additional 44,307 shares during the period.

Shares of Vanguard Information Technology ETF (NYSEARCA VGT) opened at $165.33 on Tuesday. The stock has a market capitalization of $17,820.00 and a price-to-earnings ratio of 6.62. Vanguard Information Technology ETF has a 52 week low of $128.29 and a 52 week high of $179.19.

COPYRIGHT VIOLATION NOTICE: “Exchange Capital Management Inc. Buys 12,944 Shares of Vanguard Information Technology ETF (VGT)” was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://sportsperspectives.com/2018/02/06/exchange-capital-management-inc-buys-12944-shares-of-vanguard-information-technology-etf-vgt.html.

Vanguard Information Technology ETF Company 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).

Want to see what other hedge funds are holding VGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Information Technology ETF (NYSEARCA:VGT).

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

Receive News & Ratings for Vanguard Information Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Information Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply