7,206 Vanguard Information Technology ETF $VGT Shares Sold by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 36.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,648 shares of the exchange traded fund’s stock after selling 7,206 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Vanguard Information Technology ETF were worth $1,589,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock worth $565,516,000 after purchasing an additional 4,107,038 shares in the last quarter. Systematic Alpha Investments LLC lifted its stake in Vanguard Information Technology ETF by 700.0% in the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after purchasing an additional 576,100 shares during the last quarter. HighTower Advisors LLC lifted its stake in Vanguard Information Technology ETF by 762.8% in the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after purchasing an additional 3,227,909 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Vanguard Information Technology ETF by 817.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after purchasing an additional 2,967,256 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 2.9%

Vanguard Information Technology ETF stock traded down $3.51 during mid-day trading on Friday, reaching $118.83. The company had a trading volume of 5,927,022 shares, compared to its average volume of 4,471,269. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66. The company has a market cap of $146.17 billion, a P/E ratio of 34.55 and a beta of 1.34. The business has a fifty day simple moving average of $122.50 and a 200 day simple moving average of $114.90.

About Vanguard Information Technology ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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