Transcend Capital Advisors LLC Lowers Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Transcend Capital Advisors LLC decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,461 shares of the exchange traded fund’s stock after selling 132 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,725,000 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 the business. UBS Group AG boosted its stake in shares of Vanguard Information Technology ETF by 1.8% in the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock valued at $852,988,000 after purchasing an additional 31,323 shares during the period. International Assets Investment Management LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth approximately $692,917,000. Stifel Financial Corp lifted its stake in Vanguard Information Technology ETF by 4.3% in the fourth quarter. Stifel Financial Corp now owns 362,743 shares of the exchange traded fund’s stock worth $175,581,000 after acquiring an additional 14,861 shares during the last quarter. Beacon Capital Management Inc. lifted its stake in Vanguard Information Technology ETF by 189.0% in the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock worth $166,685,000 after acquiring an additional 207,468 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in Vanguard Information Technology ETF by 8.5% in the fourth quarter. Cerity Partners LLC now owns 253,661 shares of the exchange traded fund’s stock worth $122,771,000 after acquiring an additional 19,816 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.5 %

Vanguard Information Technology ETF stock traded down $13.43 during trading on Friday, reaching $534.05. The stock had a trading volume of 805,190 shares, compared to its average volume of 472,999. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $609.15. The business has a 50 day moving average price of $571.41 and a 200 day moving average price of $534.05. The stock has a market cap of $67.25 billion, a PE ratio of 36.30 and a beta of 1.41.

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).