Tradewinds LLC. Decreases Holdings in Vanguard Information Technology ETF $VGT

Tradewinds LLC. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 82.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 969 shares of the exchange traded fund’s stock after selling 4,667 shares during the period. Tradewinds LLC.’s holdings in Vanguard Information Technology ETF were worth $643,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock worth $3,322,550,000 after buying an additional 359,822 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth $454,530,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Information Technology ETF by 8.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock worth $338,123,000 after buying an additional 50,870 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Vanguard Information Technology ETF by 15.8% in the first quarter. Cetera Investment Advisers now owns 261,864 shares of the exchange traded fund’s stock worth $142,030,000 after buying an additional 35,751 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.4%

NYSEARCA VGT opened at $777.66 on Thursday. The company has a fifty day simple moving average of $744.76 and a two-hundred day simple moving average of $676.03. The stock has a market cap of $115.05 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99.

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).