Balanced Wealth Group LLC Sells 75 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Balanced Wealth Group LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 557 shares of the exchange traded fund’s stock after selling 75 shares during the period. Balanced Wealth Group LLC’s holdings in Vanguard Information Technology ETF were worth $324,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. Wulff Hansen & CO. boosted its holdings in shares of Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after purchasing an additional 5,331,540 shares during the last quarter. Strategic Financial Concepts LLC grew its position in shares of 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 buying an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after purchasing an additional 307,580 shares in the last quarter. Beacon Capital Management Inc. boosted its position in Vanguard Information Technology ETF by 189.0% during the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after acquiring an additional 207,468 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Vanguard Information Technology ETF by 665.9% in the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after purchasing an additional 205,928 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.4 %

NYSEARCA VGT opened at $577.62 on Friday. The firm’s fifty day simple moving average is $561.94 and its two-hundred day simple moving average is $546.07. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15. The firm has a market capitalization of $72.73 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).