Vanguard Information Technology ETF $VGT Stock Holdings Lowered by Sonata Capital Group Inc.

Sonata Capital Group Inc. decreased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 56.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 10,180 shares of the exchange traded fund’s stock after selling 12,945 shares during the quarter. Sonata Capital Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,279,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. HighTower Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 762.8% in the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Florida Trust Wealth Management Co grew its stake in shares of Vanguard Information Technology ETF by 725.8% during the second quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock valued at $2,598,000 after acquiring an additional 19,104 shares in the last quarter. First Merchants Corp grew its stake in shares of Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after acquiring an additional 292,331 shares in the last quarter. Innovative Wealth Building LLC boosted its holdings in Vanguard Information Technology ETF by 748.5% in the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after purchasing an additional 51,687 shares during the last quarter. Finally, Polaris Financial Partners purchased a new position in Vanguard Information Technology ETF in the third quarter valued at about $4,014,000.

Vanguard Information Technology ETF Trading Up 1.4%

NYSEARCA VGT traded up $1.70 during mid-day trading on Monday, reaching $120.53. 3,167,795 shares of the company’s stock traded hands, compared to its average volume of 4,463,776. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The company has a fifty day simple moving average of $122.50 and a 200-day simple moving average of $115.12. The company has a market cap of $148.26 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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). 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.