Compass Ion Advisors LLC Increases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Compass Ion Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,105 shares of the exchange traded fund’s stock after purchasing an additional 406 shares during the period. Compass Ion Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,152,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in Vanguard Information Technology ETF by 0.8% during the third quarter. JPMorgan Chase & Co. now owns 4,868,466 shares of the exchange traded fund’s stock worth $2,019,927,000 after buying an additional 36,740 shares in the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Information Technology ETF by 1.3% during the 3rd 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 during the last quarter. UBS Group AG grew its holdings in shares of Vanguard Information Technology ETF by 1.8% during the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after buying an additional 31,323 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $692,917,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of Vanguard Information Technology ETF by 14.4% during the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock valued at $282,830,000 after buying an additional 85,685 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $576.59 on Monday. The firm’s 50 day moving average price is $539.46 and its 200 day moving average price is $516.70. The firm 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 has a 1 year low of $397.76 and a 1 year high of $593.10.

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).