Vanguard Information Technology ETF $VGT Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 180,383 shares of the exchange traded fund’s stock after selling 2,952 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Information Technology ETF were worth $134,679,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 598 shares during the last quarter. AQR Capital Management LLC lifted its stake in Vanguard Information Technology ETF by 80.9% in the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after buying an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings 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 valued at $61,288,000 after acquiring an additional 305 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Information Technology ETF by 17.0% in the second quarter. Sound Income Strategies LLC now owns 248 shares of the exchange traded fund’s stock valued at $165,000 after acquiring an additional 36 shares during the period. Finally, Northwest Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter worth approximately $237,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $769.90 on Wednesday. The firm’s fifty day simple moving average is $755.76 and its 200-day simple moving average is $736.93. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a market capitalization of $115.21 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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.