Vanguard Information Technology ETF $VGT Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 56.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,549 shares of the exchange traded fund’s stock after selling 48,850 shares during the period. VestGen Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Financial Insights Inc. lifted its position in shares of Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Financial Insights Inc. now owns 7,754 shares of the exchange traded fund’s stock worth $974,000 after buying an additional 86 shares during the period. BLB&B Advisors LLC boosted its stake in Vanguard Information Technology ETF by 15.1% in the 3rd quarter. BLB&B Advisors LLC now owns 39,906 shares of the exchange traded fund’s stock valued at $5,015,000 after buying an additional 5,245 shares in the last quarter. Sigma Investment Counselors Inc. boosted its stake in Vanguard Information Technology ETF by 43.2% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 15,180 shares of the exchange traded fund’s stock valued at $1,908,000 after buying an additional 4,578 shares in the last quarter. William Mack & Associates Inc. bought a new stake in Vanguard Information Technology ETF in the third quarter valued at $109,000. Finally, Victory Financial Group LLC grew its position in Vanguard Information Technology ETF by 23.8% in the third quarter. Victory Financial Group LLC now owns 2,088 shares of the exchange traded fund’s stock valued at $262,000 after acquiring an additional 401 shares during the period.

Vanguard Information Technology ETF Stock Up 0.7%

NYSEARCA:VGT opened at $123.59 on Thursday. The firm has a market cap of $152.02 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $130.66. The company’s 50-day moving average price is $122.44 and its two-hundred day moving average price is $109.05.

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.