Vanguard Information Technology ETF $VGT Stock Sold by Titleist Asset Management LLC

Titleist Asset Management LLC lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,078 shares of the exchange traded fund’s stock after selling 11,349 shares during the period. Vanguard Information Technology ETF makes up 1.0% of Titleist Asset Management LLC’s investment portfolio, making the stock its 23rd largest holding. Titleist Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $14,964,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Plan A Wealth LLC purchased a new position in Vanguard Information Technology ETF during the third quarter valued at $350,000. Ayalon Insurance Comp Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 11.4% during the third quarter. Ayalon Insurance Comp Ltd. now owns 39,168 shares of the exchange traded fund’s stock valued at $4,922,000 after acquiring an additional 4,000 shares in the last quarter. Veery Capital LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $695,000. Venture Visionary Partners LLC boosted its stake in Vanguard Information Technology ETF by 2.7% in the 3rd quarter. Venture Visionary Partners LLC now owns 20,725 shares of the exchange traded fund’s stock worth $2,605,000 after purchasing an additional 554 shares in the last quarter. Finally, KFA Private Wealth Group LLC purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at about $357,000.

Vanguard Information Technology ETF Trading Down 2.0%

NYSEARCA:VGT traded down $2.60 on Thursday, reaching $126.77. 2,976,680 shares of the stock traded hands, compared to its average volume of 4,445,504. The company has a market capitalization of $155.28 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $130.66. The company’s fifty day simple moving average is $121.51 and its 200 day simple moving average is $113.29.

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). 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.