Vanguard Information Technology ETF $VGT Shares Sold by Leavell Investment Management Inc.

Leavell Investment Management Inc. decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 15,456 shares of the exchange traded fund’s stock after selling 728 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $11,540,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VGT. LongView Wealth Management boosted its position in Vanguard Information Technology ETF by 3.9% during the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock worth $279,000 after acquiring an additional 14 shares during the last quarter. PDS Planning Inc lifted its stake in Vanguard Information Technology ETF by 1.0% in the 2nd quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock worth $1,043,000 after purchasing an additional 15 shares in the last quarter. Chesapeake Wealth Management boosted its holdings in shares of Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock worth $1,019,000 after purchasing an additional 15 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Vanguard Information Technology ETF by 3.8% in the third quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 15 shares in the last quarter. Finally, Lauer Wealth LLC grew its position in shares of Vanguard Information Technology ETF by 3.4% in the third quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $758.95 on Friday. The business’s 50 day moving average price is $756.30 and its 200 day moving average price is $731.87. The company has a market cap of $113.57 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99.

Vanguard Information Technology ETF 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.