MWA Asset Management Sells 20 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

MWA Asset Management reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.3% during the third quarter, Holdings Channel reports. The institutional investor owned 584 shares of the exchange traded fund’s stock after selling 20 shares during the period. MWA Asset Management’s holdings in Vanguard Information Technology ETF were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Wulff Hansen & CO. boosted its position in shares of Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC boosted its holdings in Vanguard Information Technology ETF by 54,658.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after buying an additional 1,504,206 shares during the period. Liberty Wealth Management LLC increased its stake in Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after buying an additional 307,580 shares in the last quarter. Cetera Investment Advisers raised its holdings in Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after acquiring an additional 205,928 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Vanguard Information Technology ETF by 263.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after acquiring an additional 123,866 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.2 %

NYSEARCA VGT opened at $612.17 on Wednesday. The business has a 50-day moving average price of $593.68 and a 200-day moving average price of $571.72. The firm has a market cap of $77.08 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $454.77 and a twelve month high of $626.45.

About Vanguard Information Technology ETF

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).