38,563 Vanguard Information Technology ETF $VGT Shares Sold by Sharper & Granite LLC

Sharper & Granite LLC reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 86.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,861 shares of the exchange traded fund’s stock after selling 38,563 shares during the period. Sharper & Granite LLC’s holdings in Vanguard Information Technology ETF were worth $737,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VGT. Financial Insights Inc. raised its stake in shares of Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Financial Insights Inc. now owns 7,754 shares of the exchange traded fund’s stock valued at $974,000 after acquiring an additional 86 shares in the last quarter. Prosperity Advisers LLC boosted its position in Vanguard Information Technology ETF by 2.7% during the third quarter. Prosperity Advisers LLC now owns 3,362 shares of the exchange traded fund’s stock worth $423,000 after purchasing an additional 88 shares during the period. Sherry Group Inc. boosted its position in Vanguard Information Technology ETF by 0.7% during the third quarter. Sherry Group Inc. now owns 12,306 shares of the exchange traded fund’s stock worth $1,547,000 after purchasing an additional 90 shares during the period. Wealth Watch Advisors INC boosted its position in Vanguard Information Technology ETF by 5.2% during the first quarter. Wealth Watch Advisors INC now owns 1,876 shares of the exchange traded fund’s stock worth $1,309,000 after purchasing an additional 93 shares during the period. Finally, GC Wealth Management RIA LLC grew its holdings in Vanguard Information Technology ETF by 2.5% during the first quarter. GC Wealth Management RIA LLC now owns 3,783 shares of the exchange traded fund’s stock valued at $2,640,000 after purchasing an additional 94 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 1.4%

VGT stock traded up $1.45 during midday trading on Friday, hitting $108.51. 9,471,211 shares of the company traded hands, compared to its average volume of 4,576,137. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The stock has a market capitalization of $134.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.36. The business has a 50 day simple moving average of $121.84 and a 200-day simple moving average of $109.73.

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). 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.