Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% in the third quarter, Holdings Channel.com reports. The firm owned 9,912 shares of the exchange traded fund’s stock after selling 528 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $5,814,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. Wulff Hansen & CO. lifted its position in Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after purchasing an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC lifted its position in Vanguard Information Technology ETF by 54,658.6% in the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after purchasing an additional 1,504,206 shares during the period. Liberty Wealth Management LLC lifted its position in Vanguard Information Technology ETF by 6,873.3% in the second quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after purchasing an additional 307,580 shares during the period. Cetera Investment Advisers lifted its position in Vanguard Information Technology ETF by 665.9% in the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after purchasing an additional 205,928 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Vanguard Information Technology ETF by 263.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after purchasing an additional 123,866 shares during the period.

Vanguard Information Technology ETF Trading Up 0.4 %

VGT stock opened at $621.58 on Friday. The firm has a 50 day moving average of $596.82 and a 200-day moving average of $573.47. Vanguard Information Technology ETF has a 12-month low of $454.77 and a 12-month high of $626.45. The company has a market cap of $78.27 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).