Vanguard Information Technology ETF $VGT Stake Lowered by PCG Asset Management LLC

PCG Asset Management LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 6,103 shares of the exchange traded fund’s stock after selling 81 shares during the quarter. Vanguard Information Technology ETF comprises about 3.5% of PCG Asset Management LLC’s holdings, making the stock its 7th biggest position. PCG Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $4,048,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wheelhouse Advisory Group LLC boosted its holdings 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 valued at $15,155,000 after purchasing an additional 1,317 shares during the period. Endowment Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF during the second quarter valued at about $289,000. American National Bank & Trust lifted its stake in shares of Vanguard Information Technology ETF by 173.3% in the second quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock valued at $109,000 after buying an additional 104 shares during the period. MMA Asset Management LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter worth about $245,000. Finally, Aspect Partners LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter worth about $864,000.

Vanguard Information Technology ETF Stock Up 2.5%

Vanguard Information Technology ETF stock opened at $780.37 on Tuesday. The business has a 50 day moving average price of $748.81 and a two-hundred day moving average price of $682.56. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a market cap of $115.46 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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).