Lake Street Private Wealth LLC Decreases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lake Street Private Wealth LLC cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,316 shares of the exchange traded fund’s stock after selling 102 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $772,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Rebalance LLC purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at $210,000. Greenleaf Trust boosted its stake in Vanguard Information Technology ETF by 13.6% during the third quarter. Greenleaf Trust now owns 1,667 shares of the exchange traded fund’s stock valued at $978,000 after buying an additional 200 shares during the last quarter. Private Advisor Group LLC boosted its stake in Vanguard Information Technology ETF by 6.1% during the third quarter. Private Advisor Group LLC now owns 62,005 shares of the exchange traded fund’s stock valued at $36,367,000 after buying an additional 3,584 shares during the last quarter. BLB&B Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 1.8% in the 3rd quarter. BLB&B Advisors LLC now owns 3,352 shares of the exchange traded fund’s stock valued at $1,966,000 after purchasing an additional 58 shares during the last quarter. Finally, RBA Wealth Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 5.9% in the 3rd quarter. RBA Wealth Management LLC now owns 4,498 shares of the exchange traded fund’s stock valued at $2,638,000 after purchasing an additional 250 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT traded down $3.25 during trading on Wednesday, hitting $603.26. The company had a trading volume of 99,297 shares, compared to its average volume of 460,927. The company has a fifty day simple moving average of $576.93 and a two-hundred day simple moving average of $557.02. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $610.06. The stock has a market cap of $75.96 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).