Vanguard Information Technology ETF $VGT Stock Position Trimmed by Capital & Planning LLC

Capital & Planning LLC lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 17,305 shares of the exchange traded fund’s stock after selling 2,063 shares during the quarter. Vanguard Information Technology ETF makes up approximately 7.8% of Capital & Planning LLC’s investment portfolio, making the stock its 6th biggest holding. Capital & Planning LLC’s holdings in Vanguard Information Technology ETF were worth $11,478,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VGT. Cordant Inc. purchased a new stake in Vanguard Information Technology ETF in the 1st quarter worth about $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $28,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $32,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the first quarter worth approximately $33,000. Finally, BankPlus Trust Department raised its holdings in shares of Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 44 shares during the period.

Vanguard Information Technology ETF Stock Up 0.7%

VGT stock opened at $757.99 on Friday. The business’s fifty day simple moving average is $709.05 and its two-hundred day simple moving average is $634.66. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $760.50. The firm has a market cap of $109.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).