Salomon & Ludwin LLC Has $3.65 Million Position in Vanguard Information Technology ETF $VGT

Salomon & Ludwin LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,494 shares of the exchange traded fund’s stock after selling 59 shares during the quarter. Salomon & Ludwin LLC’s holdings in Vanguard Information Technology ETF were worth $3,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $773,405,000. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $454,530,000. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 6.2% in the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after purchasing an additional 359,822 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Vanguard Information Technology ETF by 210.4% in the 1st quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after purchasing an additional 59,877 shares during the period. Finally, SteelPeak Wealth LLC lifted its stake in shares of Vanguard Information Technology ETF by 348.1% in the 1st quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after purchasing an additional 56,819 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $752.16 on Friday. The company has a market capitalization of $111.28 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The business’s 50-day moving average is $723.23 and its 200-day moving average is $650.13. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $771.58.

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).