Main Street Financial Solutions LLC Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Main Street Financial Solutions LLC lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,578 shares of the exchange traded fund’s stock after selling 351 shares during the period. Main Street Financial Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,858,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VGT. Lazard Asset Management LLC grew its stake in Vanguard Information Technology ETF by 13.9% during the 1st quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock valued at $2,149,000 after acquiring an additional 500 shares in the last quarter. Diversify Advisory Services LLC grew its stake in Vanguard Information Technology ETF by 31.2% during the 2nd quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock valued at $1,014,000 after acquiring an additional 403 shares in the last quarter. Asset Dedication LLC grew its stake in Vanguard Information Technology ETF by 187.0% during the 2nd quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 101 shares in the last quarter. Covestor Ltd grew its stake in Vanguard Information Technology ETF by 187.5% during the 1st quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 60 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Vanguard Information Technology ETF during the 1st quarter valued at about $1,238,000.

Vanguard Information Technology ETF Stock Up 0.1 %

NYSEARCA:VGT traded up $0.44 on Wednesday, hitting $623.45. The stock had a trading volume of 261,896 shares, compared to its average volume of 460,015. The stock has a market cap of $78.50 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a fifty day moving average price of $586.78 and a two-hundred day moving average price of $567.77. Vanguard Information Technology ETF has a 1-year low of $450.23 and a 1-year high of $626.45.

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).