Vanguard Information Technology ETF $VGT is Strengthening Families & Communities LLC’s 3rd Largest Position

Strengthening Families & Communities LLC trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,945 shares of the exchange traded fund’s stock after selling 863 shares during the quarter. Vanguard Information Technology ETF makes up approximately 2.8% of Strengthening Families & Communities LLC’s holdings, making the stock its 3rd biggest holding. Strengthening Families & Communities LLC’s holdings in Vanguard Information Technology ETF were worth $12,465,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. increased its position in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new position in Vanguard Information Technology ETF during the second quarter worth about $31,000. First Command Advisory Services Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at about $31,000. Kilter Group LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $37,000. Finally, Rice Partnership LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $40,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $753.05 on Tuesday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The company has a 50 day moving average price of $758.32 and a 200 day moving average price of $739.23. The stock has a market capitalization of $112.69 billion, a P/E ratio of 34.55 and a beta of 1.25.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.