TIAA Trust National Association Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

TIAA Trust National Association lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 43,451 shares of the exchange traded fund’s stock after selling 2,916 shares during the period. TIAA Trust National Association’s holdings in Vanguard Information Technology ETF were worth $28,820,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $773,405,000. CHURCHILL MANAGEMENT Corp bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $454,530,000. JPMorgan Chase & Co. boosted 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 worth $3,322,550,000 after buying an additional 359,822 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Vanguard Information Technology ETF by 210.4% in the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock worth $47,911,000 after acquiring an additional 59,877 shares during the period. Finally, SteelPeak Wealth LLC grew its holdings in shares of Vanguard Information Technology ETF by 348.1% in the first quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock worth $39,670,000 after acquiring an additional 56,819 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $793.21 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The business’s 50-day moving average is $739.59 and its two-hundred day moving average is $670.23. The company has a market cap of $117.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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).