Vanguard Information Technology ETF $VGT Stock Sold by MGO One Seven LLC

MGO One Seven LLC lessened its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 174,016 shares of the exchange traded fund’s stock after selling 11,721 shares during the period. MGO One Seven LLC’s holdings in Vanguard Information Technology ETF were worth $21,869,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE increased its position 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 worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Information Technology ETF by 657.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after purchasing an additional 4,107,038 shares during the last quarter. Systematic Alpha Investments LLC boosted its position in Vanguard Information Technology ETF by 700.0% in the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares in the last quarter. HighTower Advisors LLC boosted its position in Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard Information Technology ETF by 817.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after buying an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 4.3%

Shares of Vanguard Information Technology ETF stock opened at $116.96 on Friday. The stock has a market capitalization of $143.87 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The firm’s 50-day moving average price is $122.48 and its two-hundred day moving average price is $109.29.

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.