Checchi Capital Advisers LLC Decreases Stock Position in Vanguard Information Technology ETF $VGT

Checchi Capital Advisers LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.0% in the second quarter, HoldingsChannel reports. The firm owned 4,051 shares of the exchange traded fund’s stock after selling 212 shares during the period. Checchi Capital Advisers LLC’s holdings in Vanguard Information Technology ETF were worth $2,687,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cordant Inc. bought a new position in Vanguard Information Technology ETF during the 1st quarter valued at $28,000. Smallwood Wealth Investment Management LLC bought a new position in Vanguard Information Technology ETF during the 1st quarter valued at $28,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $32,000. MorganRosel Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $33,000. Finally, BankPlus Trust Department lifted its position in shares of Vanguard Information Technology ETF by 169.2% during the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 44 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.3%

NYSEARCA:VGT opened at $755.67 on Friday. The business’s 50 day moving average is $710.39 and its two-hundred day moving average is $636.51. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $762.83. The company has a market cap of $109.02 billion, a PE ratio of 34.55 and a beta of 1.16.

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).