Mather Group LLC. Decreases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Mather Group LLC. decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 23.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,975 shares of the exchange traded fund’s stock after selling 2,402 shares during the quarter. Mather Group LLC.’s holdings in Vanguard Information Technology ETF were worth $4,677,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VGT. Wulff Hansen & CO. grew its holdings in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard Information Technology ETF by 54,658.6% in the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after buying an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC increased its holdings in Vanguard Information Technology ETF by 6,873.3% in the second quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after buying an additional 307,580 shares during the last quarter. Beacon Capital Management Inc. lifted its holdings in Vanguard Information Technology ETF by 189.0% during the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock worth $166,685,000 after buying an additional 207,468 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Vanguard Information Technology ETF by 665.9% during the 1st quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after buying an additional 205,928 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $580.98 on Tuesday. The stock’s 50-day simple moving average is $562.47 and its 200-day simple moving average is $550.58. The firm has a market capitalization of $73.16 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $397.76 and a fifty-two week 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).