Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Lam Group Inc.

Lam Group Inc. decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,255 shares of the exchange traded fund’s stock after selling 65 shares during the quarter. Vanguard Information Technology ETF comprises about 2.2% of Lam Group Inc.’s portfolio, making the stock its 15th biggest holding. Lam Group Inc.’s holdings in Vanguard Information Technology ETF were worth $3,082,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VGT. Wulff Hansen & CO. increased its stake in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after buying an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Vanguard Information Technology ETF by 54,658.6% during the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after acquiring an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC grew its position in Vanguard Information Technology ETF by 6,873.3% during the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after purchasing an additional 307,580 shares during the last quarter. Beacon Capital Management Inc. increased its position in Vanguard Information Technology ETF by 189.0% in the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after acquiring an additional 207,468 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after purchasing an additional 205,928 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT traded up $2.07 during trading on Friday, reaching $603.56. The company’s stock had a trading volume of 304,832 shares, compared to its average volume of 463,651. The company has a market capitalization of $76.00 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s fifty day moving average price is $574.51 and its 200-day moving average price is $555.25. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $610.06.

About Vanguard Information Technology ETF

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).