Vanguard Information Technology ETF $VGT Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 52.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,247 shares of the exchange traded fund’s stock after selling 9,220 shares during the period. Cadent Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,036,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. Bank of America Corp DE raised its position in Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after buying an additional 241,421 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Information Technology ETF by 657.6% in the second 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 during the period. HighTower Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 762.8% during the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after purchasing an additional 2,967,256 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after purchasing an additional 2,116,095 shares during the period.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT traded up $0.41 during trading hours on Friday, reaching $127.66. The company had a trading volume of 1,692,128 shares, compared to its average volume of 4,444,524. The firm has a market cap of $156.37 billion, a PE ratio of 34.55 and a beta of 1.34. The business’s 50 day moving average price is $121.79 and its 200-day moving average price is $113.57. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66.

About Vanguard Information Technology ETF

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.