SCS Capital Management LLC Has $19.57 Million Holdings in Vanguard Information Technology ETF $VGT

SCS Capital Management LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,508 shares of the exchange traded fund’s stock after selling 3,816 shares during the quarter. SCS Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $19,572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wheelhouse Advisory Group LLC increased its holdings in Vanguard Information Technology ETF by 6.1% during the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after buying an additional 1,317 shares during the last quarter. Endowment Wealth Management Inc. bought a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $289,000. Americana Partners LLC increased its stake in shares of Vanguard Information Technology ETF by 10.1% during the 2nd quarter. Americana Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $1,082,000 after purchasing an additional 149 shares during the last quarter. American National Bank & Trust increased its stake in shares of Vanguard Information Technology ETF by 173.3% during the 2nd quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after purchasing an additional 104 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of Vanguard Information Technology ETF by 20.9% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,442,000 after purchasing an additional 1,161 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $764.65 on Friday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The company has a market capitalization of $113.13 billion, a P/E ratio of 34.55 and a beta of 1.25. The company has a 50-day simple moving average of $758.78 and a 200 day simple moving average of $702.67.

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).