Vanguard Information Technology ETF $VGT Shares Sold by Sheridan Capital Management LLC

Sheridan Capital Management LLC reduced its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 26.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,505 shares of the exchange traded fund’s stock after selling 2,704 shares during the period. Vanguard Information Technology ETF makes up 3.0% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. Sheridan Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $5,604,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. China Universal Asset Management Co. Ltd. increased its position in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the period. Semmax Financial Advisors Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $31,000. Kilter Group LLC purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $37,000. Rice Partnership LLC acquired a new position in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $40,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $40,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $759.35 on Friday. The business has a 50 day simple moving average of $756.35 and a 200-day simple moving average of $731.20. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a market capitalization of $113.63 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). 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.