Strategy Asset Managers LLC Cuts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Strategy Asset Managers LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 937 shares of the exchange traded fund’s stock after selling 67 shares during the quarter. Strategy Asset Managers LLC’s holdings in Vanguard Information Technology ETF were worth $550,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. 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 valued at $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in Vanguard Information Technology ETF by 54,658.6% in the 2nd 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 lifted its position in Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after acquiring an additional 307,580 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Information Technology ETF by 665.9% during the 1st quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after purchasing an additional 205,928 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Information Technology ETF by 263.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after purchasing an additional 123,866 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $612.82 on Thursday. The stock has a market capitalization of $77.17 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $454.77 and a 1-year high of $626.45. The business has a fifty day moving average price of $594.70 and a 200-day moving average price of $572.01.

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).