Sequoia Financial Advisors LLC Has $1.77 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Sequoia Financial Advisors LLC lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,076 shares of the exchange traded fund’s stock after selling 291 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,773,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VGT. Bfsg LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $28,000. OLD Second National Bank of Aurora bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth approximately $29,000. Richardson Capital Management LLC bought a new stake in Vanguard Information Technology ETF in the 1st quarter valued at about $29,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $34,000.

Vanguard Information Technology ETF Stock Up 2.3 %

Vanguard Information Technology ETF stock traded up $12.23 during mid-day trading on Tuesday, reaching $550.65. 355,183 shares of the company’s stock were exchanged, compared to its average volume of 479,734. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $609.15. The business’s fifty day simple moving average is $569.56 and its 200 day simple moving average is $535.44. The firm has a market capitalization of $69.34 billion, a PE ratio of 36.30 and a beta of 1.41.

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).