Vanguard Information Technology ETF $VGT Shares Sold by Triangle Securities Wealth Management

Triangle Securities Wealth Management reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 152,375 shares of the exchange traded fund’s stock after selling 4,288 shares during the period. Vanguard Information Technology ETF accounts for approximately 3.7% of Triangle Securities Wealth Management’s holdings, making the stock its 3rd biggest holding. Triangle Securities Wealth Management’s holdings in Vanguard Information Technology ETF were worth $19,149,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. West Wealth Group LLC raised its position in shares of Vanguard Information Technology ETF by 38.5% during the 3rd quarter. West Wealth Group LLC now owns 6,937 shares of the exchange traded fund’s stock valued at $872,000 after acquiring an additional 1,929 shares in the last quarter. Myecfo LLC lifted its stake in Vanguard Information Technology ETF by 4.1% during the third quarter. Myecfo LLC now owns 7,892 shares of the exchange traded fund’s stock worth $992,000 after purchasing an additional 308 shares during the last quarter. Fairfield Financial Advisors LTD bought a new position in Vanguard Information Technology ETF during the third quarter worth $304,000. ABLE Financial Group LLC bought a new position in Vanguard Information Technology ETF during the third quarter worth $258,000. Finally, First Citizens Bank & Trust Co. acquired a new position in Vanguard Information Technology ETF in the third quarter worth $338,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $122.85 on Thursday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The firm has a fifty day moving average price of $122.50 and a two-hundred day moving average price of $114.61. The firm has a market cap of $151.11 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.