Vanguard Information Technology ETF $VGT Stock Sold by Enclave Advisors LLC

Enclave Advisors LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 260,147 shares of the exchange traded fund’s stock after selling 11,099 shares during the period. Vanguard Information Technology ETF accounts for about 4.2% of Enclave Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Enclave Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $32,693,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VGT. Northwestern Mutual Wealth Management Co. grew its holdings in 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 valued at $565,516,000 after buying an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 817.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after acquiring an additional 2,967,256 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after acquiring an additional 2,116,095 shares in the last quarter. Finally, Nissay Asset Management Corp Japan boosted its position in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock valued at $195,752,000 after acquiring an additional 1,433,089 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $126.48 on Wednesday. The stock has a 50 day moving average price of $122.44 and a 200-day moving average price of $114.36. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66. The company has a market capitalization of $155.58 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.