Bessemer Group Inc. Reduces Stake in Vanguard Information Technology ETF $VGT

Bessemer Group Inc. cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,636 shares of the exchange traded fund’s stock after selling 16 shares during the quarter. Bessemer Group Inc.’s holdings in Vanguard Information Technology ETF were worth $5,728,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $28,000. Sawyer & Company Inc bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $38,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $32,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $40,000. Finally, Blume Capital Management Inc. increased its position in shares of Vanguard Information Technology ETF by 62.5% during the 2nd quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 25 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $801.52 on Thursday. The stock’s 50 day simple moving average is $735.43 and its 200 day simple moving average is $666.49. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The firm has a market cap of $118.58 billion, a price-to-earnings 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).