TD Private Client Wealth LLC Has $10.25 Million Position in Vanguard Information Technology ETF $VGT

TD Private Client Wealth LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.2% in the third quarter, Holdings Channel reports. The firm owned 13,731 shares of the exchange traded fund’s stock after selling 750 shares during the period. TD Private Client Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $10,252,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. China Universal Asset Management Co. Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the 2nd quarter worth $31,000. Tripletail Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the third quarter valued at about $40,000. Kilter Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $37,000. Finally, Sawyer & Company Inc bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $38,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $765.51 on Tuesday. The stock has a 50-day simple moving average of $757.06 and a 200 day simple moving average of $730.08. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The stock has a market capitalization of $114.55 billion, a PE ratio of 34.55 and a beta of 1.25.

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.