Vanguard Information Technology ETF $VGT Shares Sold by Silicon Valley Capital Partners

Silicon Valley Capital Partners lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.2% in the second quarter, HoldingsChannel reports. The fund owned 99,210 shares of the exchange traded fund’s stock after selling 3,319 shares during the period. Vanguard Information Technology ETF accounts for approximately 6.9% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 3rd largest holding. Silicon Valley Capital Partners’ holdings in Vanguard Information Technology ETF were worth $65,804,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VGT. Laurel Wealth Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 210,235.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after purchasing an additional 1,486,367 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Vanguard Information Technology ETF during the second quarter worth about $773,405,000. CHURCHILL MANAGEMENT Corp acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $454,530,000. PGIM Custom Harvest LLC boosted its holdings in Vanguard Information Technology ETF by 48.7% in the 2nd quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after purchasing an additional 255,787 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its holdings in Vanguard Information Technology ETF by 2,925.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock valued at $101,106,000 after purchasing an additional 147,394 shares during the period.

Vanguard Information Technology ETF Stock Down 2.9%

Shares of NYSEARCA:VGT opened at $753.93 on Friday. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The company’s 50 day moving average price is $761.46 and its two-hundred day moving average price is $710.36. The firm has a market cap of $111.54 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).