Vanguard Information Technology ETF $VGT Stock Sold by Guild Investment Management Inc.

Guild Investment Management Inc. decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 73.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,928 shares of the exchange traded fund’s stock after selling 5,338 shares during the quarter. Guild Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VGT. Bank of America Corp DE increased its stake in 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 buying an additional 241,421 shares during the period. 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 worth $565,516,000 after buying an additional 4,107,038 shares in the last quarter. Systematic Alpha Investments LLC lifted its holdings in Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $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 2nd 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 during the period. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard Information Technology ETF by 817.3% in the 2nd 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 during the period.

Vanguard Information Technology ETF Stock Up 1.4%

NYSEARCA:VGT opened at $108.51 on Friday. The company has a fifty day simple moving average of $121.84 and a two-hundred day simple moving average of $109.73. The company has a market cap of $134.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.36. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $130.66.

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). 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.