Mesirow Financial Investment Management Inc. Cuts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Mesirow Financial Investment Management Inc. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,127 shares of the exchange traded fund’s stock after selling 335 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $1,229,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Black Diamond Financial LLC raised its position in shares of Vanguard Information Technology ETF by 5.2% in the 2nd quarter. Black Diamond Financial LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 76 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Information Technology ETF by 3.4% in the second quarter. Brown Brothers Harriman & Co. now owns 725 shares of the exchange traded fund’s stock worth $418,000 after buying an additional 24 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $208,000. Rathbones Group PLC grew its holdings in shares of Vanguard Information Technology ETF by 1.4% during the second quarter. Rathbones Group PLC now owns 5,334 shares of the exchange traded fund’s stock valued at $3,076,000 after buying an additional 76 shares during the last quarter. Finally, Diversify Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $7,310,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $565.90 on Tuesday. The business has a fifty day moving average of $564.24 and a 200 day moving average of $545.10. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The firm has a market capitalization of $71.26 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).