Steel Grove Capital Advisors LLC Has $3.35 Million Position in Vanguard Information Technology ETF $VGT

Steel Grove Capital Advisors LLC lessened its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,044 shares of the exchange traded fund’s stock after selling 132 shares during the period. Vanguard Information Technology ETF accounts for about 0.4% of Steel Grove Capital Advisors LLC’s portfolio, making the stock its 27th biggest holding. Steel Grove Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,346,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brookstone Capital Management increased its holdings in Vanguard Information Technology ETF by 8.0% in the 2nd quarter. Brookstone Capital Management now owns 11,671 shares of the exchange traded fund’s stock worth $7,741,000 after purchasing an additional 868 shares in the last quarter. Retirement Planning Group LLC increased its holdings in Vanguard Information Technology ETF by 23.6% in the 2nd quarter. Retirement Planning Group LLC now owns 6,399 shares of the exchange traded fund’s stock worth $4,244,000 after purchasing an additional 1,223 shares in the last quarter. Blume Capital Management Inc. increased its holdings in Vanguard Information Technology ETF by 62.5% in the 2nd quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 25 shares in the last quarter. Triton Financial Group Inc acquired a new position in Vanguard Information Technology ETF in the 2nd quarter worth about $464,000. Finally, Mills Wealth Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $224,000.

Vanguard Information Technology ETF Trading Down 0.1%

Shares of VGT stock opened at $761.41 on Wednesday. The stock has a market cap of $112.65 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The stock has a 50-day moving average of $725.67 and a 200-day moving average of $653.84. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $771.58.

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).