Vanguard Information Technology ETF $VGT Shares Sold by Sonata Capital Group Inc.

Sonata Capital Group Inc. lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 56.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,180 shares of the exchange traded fund’s stock after selling 12,945 shares during the quarter. Sonata Capital Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,279,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $36,000. First Community Trust NA grew its holdings in shares of Vanguard Information Technology ETF by 77.4% during the 1st quarter. First Community Trust NA now owns 94 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 41 shares during the period. Vestor Capital LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth about $70,000. Robinswood Financial LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth about $80,000. Finally, Fairway Wealth LLC increased its position in Vanguard Information Technology ETF by 3,400.0% during the 1st quarter. Fairway Wealth LLC now owns 140 shares of the exchange traded fund’s stock worth $98,000 after purchasing an additional 136 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT traded up $1.70 on Monday, reaching $120.53. 3,167,795 shares of the company’s stock were exchanged, compared to its average volume of 4,463,776. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The company’s 50 day moving average is $122.50 and its 200-day moving average is $115.12. The company has a market cap of $148.26 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.