Tableaux LLC has significantly reduced its stake in the Vanguard Information Technology ETF (NYSEARCA: VGT), selling 6,588 shares in the third quarter of 2023. This move marks a 93.5% decrease in its holdings, leaving the firm with only 460 shares valued at approximately $343,000, according to its latest filing with the Securities and Exchange Commission.
Changes in institutional investment in the Vanguard Information Technology ETF have been notable. For example, China Universal Asset Management Co. Ltd. increased its position by an impressive 110.5% during the second quarter, now holding 40 shares worth around $27,000 after acquiring an additional 21 shares. Similarly, First Command Advisory Services Inc. entered a new position in the ETF during the third quarter, investing $31,000.
Other firms have also made recent investments in this exchange-traded fund. Semmax Financial Advisors Inc. purchased new shares valued at $31,000, while Kilter Group LLC acquired a stake worth $37,000. Evolution Wealth Management Inc. joined the list of new investors with a stake valued at $40,000 in the second quarter.
Vanguard Information Technology ETF Performance
As of Wednesday, shares of the Vanguard Information Technology ETF opened at $737.30. The ETF boasts a market capitalization of $110.33 billion and a price-to-earnings (P/E) ratio of 34.55. Its performance metrics indicate a fifty-day moving average of $750.48 and a two-hundred-day moving average of $744.40. Over the past year, the fund has seen a low of $451.00 and a high of $806.99.
The Vanguard Information Technology ETF aims to mirror the investment performance of the MSCI US Investable Market Information Technology 25/50 Index. This index represents a broad spectrum of large-, mid-, and small-cap stocks within the information technology sector, as classified by the Global Industry Classification Standard (GICS). The sector encompasses companies involved in technology software and services, hardware and equipment, and other related areas.
Those interested in further details about institutional holdings in the Vanguard Information Technology ETF can access the latest 13F filings and insider trades through financial platforms such as HoldingsChannel.com. Additionally, MarketBeat.com offers a daily newsletter summarizing news and analyst ratings related to this ETF and similar investment opportunities.
