Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 44.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,573 shares of the exchange traded fund’s stock after selling 4,420 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 0.4% of Steel Grove Capital Advisors LLC’s portfolio, making the stock its 21st largest holding. Steel Grove Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,213,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wulff Hansen & CO. increased its position 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 acquiring an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased 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 valued at $868,897,000 after purchasing an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC increased its holdings 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 purchasing an additional 307,580 shares in the last quarter. Beacon Capital Management Inc. raised its position in Vanguard Information Technology ETF by 189.0% in the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after purchasing an additional 207,468 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after purchasing an additional 205,928 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $577.62 on Monday. The firm has a market cap of $72.73 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The stock has a 50-day simple moving average of $561.94 and a 200-day simple moving average of $546.45.

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).