Vanguard Information Technology ETF $VGT Holdings Reduced by Exchange Capital Management Inc.

Exchange Capital Management Inc. cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the second quarter, Holdings Channel reports. The firm owned 37,090 shares of the exchange traded fund’s stock after selling 314 shares during the quarter. Vanguard Information Technology ETF makes up 3.7% of Exchange Capital Management Inc.’s portfolio, making the stock its 2nd biggest holding. Exchange Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $24,601,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Anfield Capital Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 10.6% during the 1st quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock worth $96,000 after acquiring an additional 17 shares in the last quarter. National Wealth Management Group LLC raised its holdings in shares of Vanguard Information Technology ETF by 0.4% during the 1st quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock worth $2,215,000 after acquiring an additional 17 shares in the last quarter. TriaGen Wealth Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 3.8% during the 1st quarter. TriaGen Wealth Management LLC now owns 490 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 18 shares in the last quarter. Accretive Wealth Partners LLC raised its holdings in shares of Vanguard Information Technology ETF by 1.6% during the 1st quarter. Accretive Wealth Partners LLC now owns 1,211 shares of the exchange traded fund’s stock worth $677,000 after acquiring an additional 19 shares in the last quarter. Finally, Procyon Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.7% during the 1st quarter. Procyon Advisors LLC now owns 753 shares of the exchange traded fund’s stock worth $409,000 after acquiring an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $757.99 on Friday. The stock has a market capitalization of $109.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $760.50. The business’s 50 day simple moving average is $709.05 and its 200-day simple moving average is $634.66.

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).