Eagle Strategies LLC Trims Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Eagle Strategies LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 70.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,220 shares of the exchange traded fund’s stock after selling 2,973 shares during the period. Eagle Strategies LLC’s holdings in Vanguard Information Technology ETF were worth $715,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wulff Hansen & CO. increased its stake in Vanguard Information Technology ETF by 56,640.2% in 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 buying an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC grew its holdings in Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after acquiring an additional 1,504,206 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Information Technology ETF by 5.9% during the 2nd quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after acquiring an additional 64,672 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after acquiring an additional 17,933 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock worth $289,357,000 after acquiring an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $610.49 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $401.45 and a 1 year high of $612.05. The firm’s 50-day moving average is $579.98 and its two-hundred day moving average is $560.00. The stock has a market cap of $76.87 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).