KCM Investment Advisors LLC Sells 5,515 Shares of Vanguard Information Technology ETF $VGT

KCM Investment Advisors LLC reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 76,389 shares of the exchange traded fund’s stock after selling 5,515 shares during the quarter. Vanguard Information Technology ETF comprises about 1.8% of KCM Investment Advisors LLC’s portfolio, making the stock its 13th biggest position. KCM Investment Advisors LLC owned approximately 0.05% of Vanguard Information Technology ETF worth $53,298,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VGT. Brighton Jones LLC lifted its position in Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 598 shares in the last quarter. AQR Capital Management LLC increased its holdings in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.8%

VGT stock opened at $112.42 on Tuesday. The firm has a market capitalization of $137.82 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The stock’s 50 day moving average is $116.77 and its 200-day moving average is $102.90.

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). 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.