Steel Grove Capital Advisors LLC decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 44.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,573 shares of the exchange traded fund’s stock after selling 4,420 shares during the quarter. Vanguard Information Technology ETF comprises about 0.4% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 21st largest position. Steel Grove Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,213,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. Richardson Capital Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $29,000. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at $32,000. Bell Investment Advisors Inc acquired a new position in Vanguard Information Technology ETF in the second quarter valued at $33,000. Opal Wealth Advisors LLC purchased a new position in Vanguard Information Technology ETF during the first quarter worth about $34,000. Finally, Family Firm Inc. purchased a new position in Vanguard Information Technology ETF during the second quarter worth about $35,000.
Vanguard Information Technology ETF Price Performance
VGT opened at $577.62 on Monday. The stock has a market capitalization of $72.73 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $609.15. The business has a 50-day moving average of $561.94 and a two-hundred day moving average of $546.45.
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).
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