5 Best Vanguard ETFs to Diversify Your Portfolio

2. Vanguard Information Technology Index Fund ETF Shares (NYSE:VGT)  

Vanguard Information Technology Index Fund ETF Shares (NYSE:VGT) is an exchange traded fund that tracks the investment returns of the MSCI US Investable Market Index/Information Technology 25/50 Index which comprises a diverse group of companies that are working in the information technology sector in the US. 

A top holding of Vanguard Information Technology Index Fund ETF Shares (NYSE:VGT) is Microsoft Corporation (NASDAQ:MSFT), a Washington-based technology firm. Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Microsoft Corporation (NASDAQ:MSFT), with 27.8 million shares worth more than $8.5 billion.

In its Q1 2022 investor letter, Carillon Tower Advisers, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ:MSFT) was one of them. Here is what the fund said:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Microsoft Corporation (NASDAQ:MSFT) reported positive results driven by personal computing strength, but analysts were especially positive on its growth outlook for its Azure cloud-computing services.”