Fifth Third Bancorp Has $82.86 Million Stake in Vanguard Information Technology ETF $VGT

Fifth Third Bancorp lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 143.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,764 shares of the exchange traded fund’s stock after purchasing an additional 69,911 shares during the period. Fifth Third Bancorp owned 0.08% of Vanguard Information Technology ETF worth $82,864,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Sagespring Wealth Partners LLC increased its position in Vanguard Information Technology ETF by 71.0% during the fourth quarter. Sagespring Wealth Partners LLC now owns 3,388 shares of the exchange traded fund’s stock worth $2,554,000 after acquiring an additional 1,407 shares during the period. McClarren Financial Advisors Inc. boosted its holdings in Vanguard Information Technology ETF by 62.7% in the 4th quarter. McClarren Financial Advisors Inc. now owns 6,468 shares of the exchange traded fund’s stock valued at $4,875,000 after purchasing an additional 2,492 shares during the period. Magnolia Wealth Management LLC bought a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at about $13,669,000. Allworth Financial LP grew its position in shares of Vanguard Information Technology ETF by 7.7% during the 3rd quarter. Allworth Financial LP now owns 13,603 shares of the exchange traded fund’s stock worth $10,157,000 after purchasing an additional 969 shares in the last quarter. Finally, Focus Partners Wealth grew its position in shares of Vanguard Information Technology ETF by 1,665.5% during the 3rd quarter. Focus Partners Wealth now owns 725,567 shares of the exchange traded fund’s stock worth $541,734,000 after purchasing an additional 684,470 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $118.08 on Monday. Vanguard Information Technology ETF has a 12 month low of $83.00 and a 12 month high of $126.00. The firm’s 50 day moving average is $115.97 and its 200-day moving average is $101.39. The stock has a market capitalization of $144.76 billion, a PE ratio of 34.55 and a beta of 1.34.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.