Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Hollencrest Capital Management

Hollencrest Capital Management decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,705 shares of the exchange traded fund’s stock after selling 93 shares during the period. Vanguard Information Technology ETF comprises approximately 1.5% of Hollencrest Capital Management’s investment portfolio, making the stock its 16th largest holding. Hollencrest Capital Management’s holdings in Vanguard Information Technology ETF were worth $34,426,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Heritage Wealth Partners LLC lifted its holdings in Vanguard Information Technology ETF by 4.3% during the second quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock valued at $268,000 after purchasing an additional 19 shares in the last quarter. Embree Financial Group lifted its stake in Vanguard Information Technology ETF by 0.9% in the 2nd quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock valued at $1,331,000 after buying an additional 20 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Vanguard Information Technology ETF by 15.0% in the 2nd quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 21 shares during the last quarter. Cooper Financial Group increased its stake in Vanguard Information Technology ETF by 3.8% during the 2nd quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 21 shares in the last quarter. Finally, Slagle Financial LLC raised its holdings in shares of Vanguard Information Technology ETF by 5.1% during the second quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock valued at $247,000 after acquiring an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $579.90 on Friday. The stock’s 50 day simple moving average is $562.39 and its 200-day simple moving average is $545.72. The company has a market cap of $73.02 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $609.15.

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).