Vanguard Information Technology ETF $VGT Stock Position Decreased by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 23,401 shares of the exchange traded fund’s stock after selling 2,505 shares during the period. Integrated Wealth Concepts LLC’s holdings in Vanguard Information Technology ETF were worth $17,472,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VGT. China Universal Asset Management Co. Ltd. raised its position in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $31,000. First Command Advisory Services Inc. acquired a new position in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $31,000. Kilter Group LLC acquired a new position in Vanguard Information Technology ETF during the 2nd quarter valued at approximately $37,000. Finally, Delos Wealth Advisors LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter worth $37,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $724.95 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The business’s fifty day moving average price is $742.94 and its two-hundred day moving average price is $747.63. The firm has a market capitalization of $108.48 billion, a PE ratio of 34.55 and a beta of 1.25.

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). 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.