Vanguard Information Technology ETF $VGT Stake Lessened by Landaas & Co. WI ADV

Landaas & Co. WI ADV lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 95.0% during the third quarter, Holdings Channel.com reports. The fund owned 1,774 shares of the exchange traded fund’s stock after selling 33,663 shares during the period. Landaas & Co. WI ADV’s holdings in Vanguard Information Technology ETF were worth $223,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. SilverOak Wealth Management LLC raised its stake in shares of Vanguard Information Technology ETF by 4.0% in the 3rd quarter. SilverOak Wealth Management LLC now owns 5,148 shares of the exchange traded fund’s stock worth $647,000 after buying an additional 196 shares in the last quarter. Welch Group LLC boosted its stake in Vanguard Information Technology ETF by 83.8% during the third quarter. Welch Group LLC now owns 13,571 shares of the exchange traded fund’s stock valued at $1,705,000 after buying an additional 6,187 shares in the last quarter. Traynor Capital Management Inc. boosted its stake in Vanguard Information Technology ETF by 0.7% during the third quarter. Traynor Capital Management Inc. now owns 24,361 shares of the exchange traded fund’s stock valued at $3,061,000 after buying an additional 160 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Vanguard Information Technology ETF during the third quarter valued at about $1,244,000. Finally, Stevens Capital Partners grew its holdings in Vanguard Information Technology ETF by 17.8% during the third quarter. Stevens Capital Partners now owns 7,432 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 1,123 shares during the period.

Vanguard Information Technology ETF Stock Down 2.7%

NYSEARCA:VGT opened at $113.83 on Tuesday. The business’s 50-day moving average price is $122.39 and its 200 day moving average price is $109.38. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $130.66. The firm has a market cap of $140.02 billion, a P/E ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF Profile

(Free Report)

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.

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