Vanguard Information Technology ETF $VGT Stock Holdings Decreased by Marotta Asset Management

Marotta Asset Management lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 265,444 shares of the exchange traded fund’s stock after selling 31,633 shares during the quarter. Vanguard Information Technology ETF accounts for about 5.6% of Marotta Asset Management’s holdings, making the stock its 4th largest position. Marotta Asset Management’s holdings in Vanguard Information Technology ETF were worth $33,358,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VGT. Polaris Financial Partners acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $4,014,000. Greenwich Wealth Management LLC boosted its position in shares of Vanguard Information Technology ETF by 700.4% in the second quarter. Greenwich Wealth Management LLC now owns 3,658 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 3,201 shares during the period. QRG Capital Management Inc. boosted its position in shares of Vanguard Information Technology ETF by 702.6% in the second quarter. QRG Capital Management Inc. now owns 17,978 shares of the exchange traded fund’s stock worth $2,149,000 after buying an additional 15,738 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Vanguard Information Technology ETF by 710.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,263 shares of the exchange traded fund’s stock valued at $2,661,000 after buying an additional 19,516 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after buying an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT traded up $1.31 during trading hours on Friday, hitting $128.32. 4,288,841 shares of the company’s stock traded hands, compared to its average volume of 4,450,330. The stock’s fifty day moving average price is $120.07 and its two-hundred day moving average price is $112.20. The firm has a market cap of $157.19 billion, a P/E ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $129.35.

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.