Wilmington Savings Fund Society FSB cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 15.2% in the third quarter, Holdings Channel reports. The institutional investor owned 20,552 shares of the exchange traded fund’s stock after selling 3,679 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Vanguard Information Technology ETF were worth $15,345,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Vanguard Information Technology ETF by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock worth $4,107,085,000 after acquiring an additional 66,303 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $1,680,300,000. Laurel Wealth Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after purchasing an additional 1,486,367 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Vanguard Information Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock valued at $557,140,000 after purchasing an additional 51,543 shares during the last quarter. Finally, PGIM Custom Harvest LLC lifted its position in shares of Vanguard Information Technology ETF by 4.4% in the third quarter. PGIM Custom Harvest LLC now owns 815,540 shares of the exchange traded fund’s stock worth $608,907,000 after purchasing an additional 34,125 shares in the last quarter.
Vanguard Information Technology ETF Trading Up 0.3%
Vanguard Information Technology ETF stock opened at $727.40 on Wednesday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The company has a fifty day simple moving average of $742.16 and a 200 day simple moving average of $747.84. The company has a market cap of $108.85 billion, a P/E ratio of 34.55 and a beta of 1.25.
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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.
Further Reading
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