48,850 Vanguard Information Technology ETF $VGT Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 56.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,549 shares of the exchange traded fund’s stock after selling 48,850 shares during the period. VestGen Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,719,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after acquiring an additional 241,421 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after purchasing an additional 4,107,038 shares in the last quarter. Systematic Alpha Investments LLC increased its position in shares of Vanguard Information Technology ETF by 700.0% during the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after purchasing an additional 576,100 shares during the period. HighTower Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after purchasing an additional 3,227,909 shares during the period. Finally, Envestnet Asset Management Inc. increased its position 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 purchasing an additional 2,967,256 shares during the period.

Vanguard Information Technology ETF Trading Up 0.7%

Shares of NYSEARCA VGT opened at $123.59 on Thursday. The business has a fifty day simple moving average of $122.44 and a 200 day simple moving average of $109.05. The firm has a market capitalization of $152.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66.

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). 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.