TRUE Private Wealth Advisors Sells 9,107 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

TRUE Private Wealth Advisors reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 39.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,909 shares of the exchange traded fund’s stock after selling 9,107 shares during the period. Vanguard Information Technology ETF comprises 1.0% of TRUE Private Wealth Advisors’ investment portfolio, making the stock its 17th largest position. TRUE Private Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $8,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Wulff Hansen & CO. increased its stake in shares of Vanguard Information Technology ETF by 56,640.2% in the second 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 increased its position in shares of Vanguard Information Technology ETF by 54,658.6% in the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after acquiring an additional 1,504,206 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after acquiring an additional 26,845 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Information Technology ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after purchasing an additional 17,933 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock worth $289,357,000 after purchasing an additional 4,910 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $622.25 on Friday. The stock’s 50-day moving average is $601.79 and its 200 day moving average is $576.68. The company has a market cap of $78.35 billion, a PE 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 $627.57.

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).