Vanguard Information Technology ETF $VGT Shares Sold by Hazlett Burt & Watson Inc.

Hazlett Burt & Watson Inc. reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,410 shares of the exchange traded fund’s stock after selling 421 shares during the period. Vanguard Information Technology ETF accounts for about 0.9% of Hazlett Burt & Watson Inc.’s investment portfolio, making the stock its 21st largest position. Hazlett Burt & Watson Inc.’s holdings in Vanguard Information Technology ETF were worth $2,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the stock. Index Fund Advisors Inc. increased its position in Vanguard Information Technology ETF by 286.4% during the second quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock worth $4,292,000 after purchasing an additional 4,797 shares during the last quarter. M3 Advisory Group LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $201,000. Alpha Financial Partners LLC grew its stake in shares of Vanguard Information Technology ETF by 35.6% during the 2nd quarter. Alpha Financial Partners LLC now owns 1,990 shares of the exchange traded fund’s stock valued at $1,320,000 after buying an additional 522 shares during the period. Mitchell Sinkler & Starr PA increased its holdings in shares of Vanguard Information Technology ETF by 6.6% during the 2nd quarter. Mitchell Sinkler & Starr PA now owns 4,143 shares of the exchange traded fund’s stock worth $2,748,000 after buying an additional 255 shares during the last quarter. Finally, SPC Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth $204,000.

Vanguard Information Technology ETF Trading Down 4.1%

VGT stock opened at $736.33 on Monday. The company has a market cap of $108.94 billion, a PE ratio of 34.55 and a beta of 1.16. The stock has a 50-day moving average price of $717.25 and a two-hundred day moving average price of $643.68. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month 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).