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

Kane Investment Management Inc. lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 939 shares of the exchange traded fund’s stock after selling 226 shares during the quarter. Kane Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $623,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. Brighton Jones LLC grew its holdings in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 598 shares during the period. Bank of New York Mellon Corp grew its holdings in Vanguard Information Technology ETF by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 11,994 shares of the exchange traded fund’s stock valued at $6,505,000 after purchasing an additional 510 shares during the last quarter. Concord Wealth Partners grew its holdings in Vanguard Information Technology ETF by 7.8% in the first quarter. Concord Wealth Partners now owns 1,108 shares of the exchange traded fund’s stock valued at $601,000 after purchasing an additional 80 shares during the last quarter. Kingsview Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF by 5.2% in the first quarter. Kingsview Wealth Management LLC now owns 9,926 shares of the exchange traded fund’s stock valued at $5,384,000 after buying an additional 489 shares in the last quarter. Finally, Patton Albertson Miller Group LLC raised its stake in shares of Vanguard Information Technology ETF by 2.5% during the 1st quarter. Patton Albertson Miller Group LLC now owns 14,347 shares of the exchange traded fund’s stock worth $7,782,000 after buying an additional 344 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.5%

Shares of NYSEARCA VGT opened at $756.26 on Friday. The stock has a market cap of $111.89 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company’s 50-day moving average price is $754.35 and its 200 day moving average price is $686.72. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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).