Vanguard Information Technology ETF $VGT Stock Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,712,223 shares of the exchange traded fund’s stock after selling 79,204 shares during the period. Russell Investments Group Ltd. owned approximately 0.14% of Vanguard Information Technology ETF worth $215,175,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of VGT. Bank of America Corp DE lifted 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. boosted its position in shares of Vanguard Information Technology ETF by 657.6% in 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 boosted its position in shares of 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 worth $459,379,000 after purchasing an additional 576,100 shares in the last quarter. HighTower Advisors LLC grew its stake in 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. grew its stake in 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 Price Performance

Shares of VGT stock opened at $113.09 on Friday. The stock’s fifty day moving average price is $121.25 and its 200 day moving average price is $110.09. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The company has a market cap of $140.33 billion, a price-to-earnings ratio of 27.34 and a beta of 1.36.

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.