Premier Path Wealth Partners LLC Trims Stock Position in Vanguard Information Technology ETF $VGT

Premier Path Wealth Partners LLC decreased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,023 shares of the exchange traded fund’s stock after selling 137 shares during the period. Premier Path Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $3,331,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at $773,405,000. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $454,530,000. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 6.2% in the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after purchasing an additional 359,822 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Vanguard Information Technology ETF by 210.4% in the 1st quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after purchasing an additional 59,877 shares during the period. Finally, SteelPeak Wealth LLC grew its stake in Vanguard Information Technology ETF by 348.1% during the 1st quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock worth $39,670,000 after buying an additional 56,819 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.7%

Shares of NYSEARCA VGT opened at $801.52 on Thursday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The stock has a 50 day moving average of $735.43 and a two-hundred day moving average of $666.49. The stock has a market cap of $118.58 billion, a P/E 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).