Transcend Capital Advisors LLC Decreases Stock Position in Vanguard Information Technology ETF $VGT

Transcend Capital Advisors LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,271 shares of the exchange traded fund’s stock after selling 26 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Penobscot Wealth Management increased its holdings in shares of Vanguard Information Technology ETF by 8.8% in the second quarter. Penobscot Wealth Management now owns 17,173 shares of the exchange traded fund’s stock valued at $11,390,000 after purchasing an additional 1,395 shares during the last quarter. Brookwood Investment Group LLC increased its holdings in shares of Vanguard Information Technology ETF by 2.1% in the second quarter. Brookwood Investment Group LLC now owns 4,782 shares of the exchange traded fund’s stock valued at $3,172,000 after purchasing an additional 97 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $218,000. Topsail Wealth Management LLC increased its holdings in shares of Vanguard Information Technology ETF by 77.5% in the second quarter. Topsail Wealth Management LLC now owns 1,388 shares of the exchange traded fund’s stock valued at $921,000 after purchasing an additional 606 shares during the last quarter. Finally, Optimum Investment Advisors increased its holdings in shares of Vanguard Information Technology ETF by 2.3% in the second quarter. Optimum Investment Advisors now owns 9,770 shares of the exchange traded fund’s stock valued at $6,480,000 after purchasing an additional 217 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $774.14 on Monday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $776.40. The stock has a market cap of $114.53 billion, a PE ratio of 34.55 and a beta of 1.16. The stock has a 50 day moving average price of $729.21 and a 200 day moving average price of $660.75.

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).