Vanguard Information Technology ETF $VGT Shares Sold by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,300 shares of the exchange traded fund’s stock after selling 3,386 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $15,302,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of VGT. Brighton Jones LLC boosted its holdings in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares in the last quarter. AQR Capital Management LLC raised its holdings in Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Vanguard Information Technology ETF by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Vanguard Information Technology ETF by 378.1% during the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares in the last quarter. Finally, Shelton Capital Management lifted its position in Vanguard Information Technology ETF by 25.8% in the second quarter. Shelton Capital Management now owns 1,132 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 232 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $697.72 on Wednesday. The stock has a fifty day moving average price of $731.18 and a two-hundred day moving average price of $747.81. The firm has a market cap of $104.41 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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). 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.