Vanguard Information Technology ETF $VGT Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% in the third quarter, HoldingsChannel reports. The firm owned 1,493,908 shares of the exchange traded fund’s stock after selling 40,396 shares during the period. Commonwealth Equity Services LLC’s holdings in Vanguard Information Technology ETF were worth $187,739,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position 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 buying an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC increased its stake 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 valued at $436,378,000 after buying an additional 3,227,909 shares during the period. 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 acquiring an additional 2,967,256 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 693.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after acquiring an additional 2,116,095 shares in the last quarter. Finally, Nissay Asset Management Corp Japan raised its holdings in shares of Vanguard Information Technology ETF by 700.0% in the second quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock valued at $195,752,000 after acquiring an additional 1,433,089 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $107.06 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The company has a 50-day moving average of $122.10 and a 200 day moving average of $109.65. The firm has a market cap of $131.69 billion, a PE ratio of 34.55 and a beta of 1.36.

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.