GPS Wealth Strategies Group LLC Decreases Stake in Vanguard Information Technology ETF $VGT

GPS Wealth Strategies Group LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.9% in the third quarter, Holdings Channel reports. The fund owned 49,244 shares of the exchange traded fund’s stock after selling 1,449 shares during the quarter. Vanguard Information Technology ETF accounts for 3.9% of GPS Wealth Strategies Group LLC’s portfolio, making the stock its 4th largest holding. GPS Wealth Strategies Group LLC’s holdings in Vanguard Information Technology ETF were worth $36,767,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of VGT. JPMorgan Chase & Co. raised its position in Vanguard Information Technology ETF by 1.1% in the second quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock valued at $4,107,085,000 after purchasing an additional 66,303 shares during the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after buying an additional 1,486,367 shares during the period. Raymond James Financial Inc. increased its stake in shares of Vanguard Information Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock valued at $557,140,000 after buying an additional 51,543 shares during the period. PGIM Custom Harvest LLC raised its holdings in Vanguard Information Technology ETF by 48.7% in the 2nd quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after buying an additional 255,787 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in Vanguard Information Technology ETF by 2.8% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock worth $552,305,000 after buying an additional 20,182 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $775.18 on Thursday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99. The firm has a market cap of $116.00 billion, a PE ratio of 34.55 and a beta of 1.25. The firm’s fifty day moving average is $756.52 and its 200-day moving average is $737.20.

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.