Vanguard Information Technology ETF $VGT Stock: Kestra Private Wealth Services LLC Lowers Holdings

Kestra Private Wealth Services LLC reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,486 shares of the exchange traded fund’s stock after selling 9,827 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Information Technology ETF were worth $22,933,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in shares of Vanguard Information Technology ETF by 1.6% in 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. lifted its position in shares of 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 buying an additional 4,107,038 shares during the last quarter. Systematic Alpha Investments LLC lifted its position in shares of Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after buying an additional 576,100 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vanguard Information Technology ETF by 817.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock worth $398,041,000 after buying an additional 2,967,256 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.2%

NYSEARCA:VGT opened at $115.55 on Thursday. The stock’s 50-day simple moving average is $122.32 and its 200 day simple moving average is $109.59. The firm has a market capitalization of $142.13 billion, a PE ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66.

Vanguard Information Technology ETF 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.