Vanguard Information Technology ETF (NYSEARCA:VGT) is Chatham Capital Group Inc.’s 8th Largest Position

Chatham Capital Group Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.6% during the first quarter, HoldingsChannel reports. The firm owned 20,963 shares of the exchange traded fund’s stock after selling 1,484 shares during the period. Vanguard Information Technology ETF accounts for approximately 2.0% of Chatham Capital Group Inc.’s holdings, making the stock its 8th biggest position. Chatham Capital Group Inc.’s holdings in Vanguard Information Technology ETF were worth $10,992,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bfsg LLC purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $28,000. OLD Second National Bank of Aurora acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $29,000. Richardson Capital Management LLC purchased a new position in Vanguard Information Technology ETF during the 1st quarter valued at about $29,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $34,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock traded down $0.21 during trading on Friday, hitting $576.59. 380,444 shares of the company were exchanged, compared to its average volume of 456,512. The business’s 50-day simple moving average is $539.46 and its 200 day simple moving average is $516.70. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $593.10. The firm has a market capitalization of $72.60 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).