McAdam LLC Trims Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

McAdam LLC trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,264 shares of the exchange traded fund’s stock after selling 416 shares during the period. McAdam LLC’s holdings in Vanguard Information Technology ETF were worth $3,674,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in VGT. Wulff Hansen & CO. raised its stake in Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC raised its position in shares of Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after buying an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after acquiring an additional 307,580 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Vanguard Information Technology ETF by 665.9% in the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after acquiring an additional 205,928 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard Information Technology ETF by 263.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after acquiring an additional 123,866 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $596.96 on Thursday. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $610.06. The stock has a fifty day moving average price of $577.75 and a two-hundred day moving average price of $557.30. The firm has a market cap of $75.17 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).