Vanguard Information Technology ETF $VGT Stock Sold by Bell Bank

Bell Bank lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 68.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,248 shares of the exchange traded fund’s stock after selling 21,733 shares during the period. Bell Bank’s holdings in Vanguard Information Technology ETF were worth $1,288,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after purchasing an additional 4,107,038 shares in the last quarter. HighTower Advisors LLC grew its stake in Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Information Technology ETF by 817.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after buying an additional 2,967,256 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Vanguard Information Technology ETF by 693.4% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock valued at $289,390,000 after purchasing an additional 2,116,095 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $120.20 on Wednesday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The stock has a market cap of $147.85 billion, a PE ratio of 34.55 and a beta of 1.34. The stock’s fifty day moving average is $122.50 and its two-hundred day moving average is $115.58.

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.