11,946 Vanguard Information Technology ETF $VGT Shares Sold by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 87.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,706 shares of the exchange traded fund’s stock after selling 11,946 shares during the quarter. Capstone Wealth Management Group LLC’s holdings in Vanguard Information Technology ETF were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VGT. Northwestern Mutual Wealth Management Co. increased its stake 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 buying an additional 4,107,038 shares during the period. HighTower Advisors LLC raised its position in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock worth $436,378,000 after buying an additional 3,227,909 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of 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 worth $398,041,000 after acquiring an additional 2,967,256 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Vanguard Information Technology ETF by 693.4% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after acquiring an additional 2,116,095 shares during the period. Finally, Nissay Asset Management Corp Japan lifted its position in Vanguard Information Technology ETF by 700.0% in the second quarter. Nissay Asset Management Corp Japan now owns 1,637,816 shares of the exchange traded fund’s stock worth $195,752,000 after purchasing an additional 1,433,089 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $113.72 on Thursday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66. The stock’s fifty day moving average is $121.37 and its 200-day moving average is $110.00. The company has a market capitalization of $141.11 billion, a PE ratio of 34.55 and a beta of 1.36.

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.