Cannell & Spears LLC Purchases 1,118 Shares of Vanguard Information Technology ETF $VGT

Cannell & Spears LLC lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 71.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,676 shares of the exchange traded fund’s stock after buying an additional 1,118 shares during the quarter. Cannell & Spears LLC’s holdings in Vanguard Information Technology ETF were worth $1,998,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Uptick Partners LLC lifted its position in shares of Vanguard Information Technology ETF by 2.6% in the third quarter. Uptick Partners LLC now owns 518 shares of the exchange traded fund’s stock valued at $387,000 after acquiring an additional 13 shares in the last quarter. 49 Wealth Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 3.7% in the third quarter. 49 Wealth Management LLC now owns 362 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 13 shares during the period. LongView Wealth Management grew its position in shares of Vanguard Information Technology ETF by 3.9% during the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock worth $279,000 after purchasing an additional 14 shares in the last quarter. GAMMA Investing LLC raised its stake in Vanguard Information Technology ETF by 3.8% during the 3rd quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 15 shares during the period. Finally, Lauer Wealth LLC raised its stake in Vanguard Information Technology ETF by 3.4% during the 3rd quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 15 shares during the period.

Vanguard Information Technology ETF Trading Down 0.9%

NYSEARCA VGT opened at $714.44 on Monday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a market cap of $106.91 billion, a PE ratio of 34.55 and a beta of 1.25. The stock’s 50 day moving average is $743.59 and its 200 day moving average is $747.51.

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.