Vanguard Information Technology ETF $VGT Shares Sold by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,149 shares of the exchange traded fund’s stock after selling 938 shares during the period. Vanguard Information Technology ETF comprises about 2.8% of Gallagher Capital Advisors LLC’s holdings, making the stock its 10th largest position. Gallagher Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,591,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $751.47 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The company has a market capitalization of $112.45 billion, a P/E ratio of 34.55 and a beta of 1.25. The firm’s 50 day simple moving average is $756.73 and its 200 day simple moving average is $740.87.

Vanguard Information Technology ETF 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). 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.