Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Bright Financial Advisors Inc.

Bright Financial Advisors Inc. lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 38.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,525 shares of the exchange traded fund’s stock after selling 2,216 shares during the period. Vanguard Information Technology ETF comprises 1.4% of Bright Financial Advisors Inc.’s portfolio, making the stock its 18th largest position. Bright Financial Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $2,032,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. TKG Advisors LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter worth $210,000. Traynor Capital Management Inc. lifted its position in shares of Vanguard Information Technology ETF by 17.7% in the 1st quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $665,000 after buying an additional 191 shares during the last quarter. Connectus Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $224,000. Moloney Securities Asset Management LLC boosted its holdings in shares of Vanguard Information Technology ETF by 20.1% in the 1st quarter. Moloney Securities Asset Management LLC now owns 895 shares of the exchange traded fund’s stock valued at $469,000 after buying an additional 150 shares during the period. Finally, Regal Investment Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 20.9% during the 4th quarter. Regal Investment Advisors LLC now owns 1,192 shares of the exchange traded fund’s stock valued at $577,000 after buying an additional 206 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.5 %

Shares of NYSEARCA VGT opened at $562.69 on Thursday. The firm’s 50-day moving average price is $562.69 and its two-hundred day moving average price is $545.49. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $609.15. The stock has a market capitalization of $70.85 billion, a P/E 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).