Stuart Chaussee & Associates Inc. Sells 683 Shares of Vanguard Information Technology ETF $VGT

Stuart Chaussee & Associates Inc. cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,930 shares of the exchange traded fund’s stock after selling 683 shares during the period. Vanguard Information Technology ETF accounts for approximately 10.2% of Stuart Chaussee & Associates Inc.’s portfolio, making the stock its 5th biggest holding. Stuart Chaussee & Associates Inc.’s holdings in Vanguard Information Technology ETF were worth $46,985,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VGT. Laurel Wealth Advisors LLC increased its position in Vanguard Information Technology ETF by 210,235.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock worth $986,346,000 after buying an additional 1,486,367 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $773,405,000. CHURCHILL MANAGEMENT Corp bought a new position in Vanguard Information Technology ETF during the second quarter worth $454,530,000. PGIM Custom Harvest LLC raised its stake in Vanguard Information Technology ETF by 48.7% during the 2nd quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock valued at $518,297,000 after purchasing an additional 255,787 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in Vanguard Information Technology ETF by 2,925.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock valued at $101,106,000 after purchasing an additional 147,394 shares during the period.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $757.42 on Tuesday. The company’s fifty day moving average is $760.32 and its two-hundred day moving average is $725.88. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The firm has a market capitalization of $112.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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). 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.