Vanguard Information Technology ETF $VGT Stake Trimmed by Axiom Financial Strategies LLC

Axiom Financial Strategies LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,836 shares of the exchange traded fund’s stock after selling 1,044 shares during the quarter. Vanguard Information Technology ETF makes up 9.6% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 4th largest holding. Axiom Financial Strategies LLC’s holdings in Vanguard Information Technology ETF were worth $17,136,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Wheelhouse Advisory Group LLC increased its stake in Vanguard Information Technology ETF by 6.1% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after purchasing an additional 1,317 shares in the last quarter. Golden State Wealth Management LLC grew its stake in Vanguard Information Technology ETF by 17.5% during the 1st quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock valued at $77,000 after acquiring an additional 21 shares in the last quarter. Endowment Wealth Management Inc. purchased a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $289,000. American National Bank & Trust grew its stake in Vanguard Information Technology ETF by 173.3% during the 2nd quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock valued at $109,000 after acquiring an additional 104 shares in the last quarter. Finally, Index Fund Advisors Inc. grew its stake in Vanguard Information Technology ETF by 286.4% during the 2nd quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock valued at $4,292,000 after acquiring an additional 4,797 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $752.41 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $771.58. The stock’s 50-day moving average is $726.57 and its two-hundred day moving average is $654.52. The stock has a market cap of $111.32 billion, a PE 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).