Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 37.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,149 shares of the exchange traded fund’s stock after selling 695 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $672,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Asset Dedication LLC boosted its stake in shares of Vanguard Information Technology ETF by 187.0% during the 2nd quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 101 shares during the last quarter. Elevation Capital Advisory LLC acquired a new position in Vanguard Information Technology ETF during the 2nd quarter worth $1,983,000. Citigroup Inc. increased its position in shares of Vanguard Information Technology ETF by 21.2% in the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after purchasing an additional 7,223 shares during the last quarter. Wulff Hansen & CO. lifted its position in shares of Vanguard Information Technology ETF by 56,640.2% during 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 purchasing an additional 5,331,540 shares during the last quarter. Finally, Northstar Group Inc. grew its stake in Vanguard Information Technology ETF by 3.9% in the third quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.4 %

Shares of NYSEARCA VGT opened at $637.42 on Friday. The stock’s 50 day moving average price is $610.75 and its two-hundred day moving average price is $582.59. Vanguard Information Technology ETF has a 52-week low of $460.48 and a 52-week high of $646.49. The stock has a market capitalization of $80.26 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).