Vanguard Information Technology ETF $VGT is Tranquilli Financial Advisor LLC’s 6th Largest Position

Tranquilli Financial Advisor LLC decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,463 shares of the exchange traded fund’s stock after selling 685 shares during the period. Vanguard Information Technology ETF comprises about 2.4% of Tranquilli Financial Advisor LLC’s portfolio, making the stock its 6th biggest holding. Tranquilli Financial Advisor LLC’s holdings in Vanguard Information Technology ETF were worth $4,079,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VGT. China Universal Asset Management Co. Ltd. raised its stake in shares of Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the period. Semmax Financial Advisors Inc. purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $31,000. Kilter Group LLC bought a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at about $37,000. Rice Partnership LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter valued at about $40,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF during the second quarter valued at about $40,000.

Vanguard Information Technology ETF Stock Up 0.1%

VGT opened at $754.99 on Friday. The company has a market capitalization of $112.98 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm has a 50-day moving average price of $754.68 and a 200-day moving average price of $734.77. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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.