Mainstream Capital Management LLC Sells 22 Shares of Vanguard Information Technology ETF $VGT

Mainstream Capital Management LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.0% during the second quarter, HoldingsChannel reports. The fund owned 2,230 shares of the exchange traded fund’s stock after selling 22 shares during the quarter. Mainstream Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,479,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VGT. Brighton Jones LLC raised its position in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the period. American Investment Services Inc. increased its holdings in Vanguard Information Technology ETF by 5.3% during the 4th quarter. American Investment Services Inc. now owns 560 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 28 shares during the period. Wood Tarver Financial Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $73,000. Copia Wealth Management bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $30,000. Finally, Members Wealth LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $413,000.

Vanguard Information Technology ETF Trading Down 1.0%

VGT stock opened at $745.41 on Wednesday. The company’s 50 day moving average is $700.53 and its 200 day moving average is $625.98. The stock has a market cap of $105.81 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $753.59.

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).