Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Long Island Wealth Management Inc.

Long Island Wealth Management Inc. lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.3% during the 2nd quarter, Holdings Channel reports. The fund owned 7,911 shares of the exchange traded fund’s stock after selling 101 shares during the quarter. Vanguard Information Technology ETF comprises 3.2% of Long Island Wealth Management Inc.’s portfolio, making the stock its 7th largest holding. Long Island Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $4,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. TKG Advisors LLC acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $210,000. Traynor Capital Management Inc. lifted its holdings in Vanguard Information Technology ETF by 17.7% in the first quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $665,000 after acquiring an additional 191 shares during the last quarter. Connectus Wealth LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $224,000. Moloney Securities Asset Management LLC increased its stake in Vanguard Information Technology ETF by 20.1% during the first quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock worth $469,000 after acquiring an additional 150 shares during the last quarter. Finally, Regal Investment Advisors LLC raised its position in Vanguard Information Technology ETF by 20.9% in the fourth quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock valued at $577,000 after purchasing an additional 206 shares during the period.

Vanguard Information Technology ETF Stock Down 0.7 %

Shares of Vanguard Information Technology ETF stock opened at $584.96 on Friday. The firm has a market cap of $73.66 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15. The business’s fifty day simple moving average is $561.42 and its 200-day simple moving average is $548.22.

Vanguard Information Technology ETF Company 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).