Stearns Financial Services Group lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 130,464 shares of the exchange traded fund’s stock after selling 20,030 shares during the period. Vanguard Information Technology ETF makes up about 4.4% of Stearns Financial Services Group’s investment portfolio, making the stock its 5th largest position. Stearns Financial Services Group’s holdings in Vanguard Information Technology ETF were worth $18,375,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VGT. Greenleaf Trust boosted its position in shares of Vanguard Information Technology ETF by 1,124.7% in the second quarter. Greenleaf Trust now owns 18,321 shares of the exchange traded fund’s stock valued at $2,580,000 after buying an additional 16,825 shares during the last quarter. Naples Global Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF during the second quarter valued at about $320,000. Smith Salley & Associates boosted its position in shares of Vanguard Information Technology ETF by 0.4% in the second quarter. Smith Salley & Associates now owns 18,688 shares of the exchange traded fund’s stock valued at $2,632,000 after buying an additional 83 shares during the last quarter. Montecito Bank & Trust boosted its position in shares of Vanguard Information Technology ETF by 125.9% in the second quarter. Montecito Bank & Trust now owns 6,601 shares of the exchange traded fund’s stock valued at $930,000 after buying an additional 3,679 shares during the last quarter. Finally, Bristlecone Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 34.3% in the second quarter. Bristlecone Advisors LLC now owns 6,715 shares of the exchange traded fund’s stock valued at $946,000 after buying an additional 1,715 shares during the last quarter.

Vanguard Information Technology ETF (NYSEARCA:VGT) opened at 148.01 on Thursday. The firm’s 50-day moving average is $145.55 and its 200 day moving average is $138.93. Vanguard Information Technology ETF has a one year low of $115.00 and a one year high of $149.78.

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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).

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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