Bessemer Group Inc. Acquires 4,994 Shares of Vanguard Information Technology ETF $VGT

Bessemer Group Inc. boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 79.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,319 shares of the exchange traded fund’s stock after purchasing an additional 4,994 shares during the period. Bessemer Group Inc.’s holdings in Vanguard Information Technology ETF were worth $7,899,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after buying an additional 252,341 shares during the period. Morgan Stanley increased its stake in shares of Vanguard Information Technology ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after buying an additional 25,901 shares during the period. Wells Fargo & Company MN increased its stake in shares of Vanguard Information Technology ETF by 1.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock valued at $1,163,569,000 after buying an additional 18,634 shares during the period. LPL Financial LLC raised its position in shares of Vanguard Information Technology ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock worth $981,363,000 after acquiring an additional 39,217 shares during the last quarter. Finally, Focus Partners Wealth raised its position in shares of Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after acquiring an additional 571,488 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $113.10 on Monday. The stock’s 50 day moving average is $116.67 and its 200 day moving average is $102.08. The firm has a market cap of $138.65 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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). 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.