Ascension Asset Management LLC Trims Stake in Vanguard Information Technology ETF (VGT)

Ascension Asset Management LLC reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,006 shares of the exchange traded fund’s stock after selling 458 shares during the quarter. Vanguard Information Technology ETF accounts for about 2.5% of Ascension Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Ascension Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. CAPROCK Group Inc. boosted its position in shares of Vanguard Information Technology ETF by 39.7% during the second quarter. CAPROCK Group Inc. now owns 2,610 shares of the exchange traded fund’s stock worth $475,000 after buying an additional 742 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Information Technology ETF by 3.2% during the second quarter. Bank of America Corp DE now owns 28,388,281 shares of the exchange traded fund’s stock worth $5,149,634,000 after buying an additional 881,831 shares during the period. Tiedemann Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 88.0% during the second quarter. Tiedemann Advisors LLC now owns 4,849 shares of the exchange traded fund’s stock worth $881,000 after buying an additional 2,270 shares during the period. Smart Portfolios LLC acquired a new position in shares of Vanguard Information Technology ETF during the second quarter worth about $109,000. Finally, Richard Bernstein Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 12.9% during the second quarter. Richard Bernstein Advisors LLC now owns 1,203,228 shares of the exchange traded fund’s stock worth $218,295,000 after buying an additional 137,063 shares during the period.

VGT stock opened at $180.97 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $157.96 and a fifty-two week high of $204.44.



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).

See Also: What is insider trading?

Want to see what other hedge funds are holding VGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Information Technology ETF (NYSEARCA:VGT).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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