6,511 Vanguard Information Technology ETF $VGT Shares Sold by Private Client Services LLC

Private Client Services LLC decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 47.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,278 shares of the exchange traded fund’s stock after selling 6,511 shares during the period. Private Client Services LLC’s holdings in Vanguard Information Technology ETF were worth $915,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VGT. Bank of America Corp DE raised its position in Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after buying an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after acquiring an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after acquiring an additional 3,227,909 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 817.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after purchasing an additional 2,967,256 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.2%

Shares of VGT stock traded up $1.54 during trading on Friday, reaching $128.55. The company’s stock had a trading volume of 2,423,297 shares, compared to its average volume of 4,439,312. The business has a fifty day moving average price of $120.07 and a 200-day moving average price of $112.20. The company has a market cap of $157.47 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $129.35.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.