Vanguard Information Technology ETF (VGT) Stake Lowered by Baker Ellis Asset Management LLC

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Baker Ellis Asset Management LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 36.8% during the second quarter, Holdings Channel reports. The institutional investor owned 59,898 shares of the exchange traded fund’s stock after selling 34,859 shares during the period. Vanguard Information Technology ETF accounts for 2.9% of Baker Ellis Asset Management LLC’s portfolio, making the stock its 4th largest position. Baker Ellis Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $10,866,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VGT. Pinebridge Investments L.P. bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $109,000. Squar Milner Financial Services LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $161,000. Daiwa Securities Group Inc. bought a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $166,000. Virtu Financial LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $200,000. Finally, Mengis Capital Management Inc. bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $204,000.

VGT opened at $198.86 on Friday. Vanguard Information Technology ETF has a one year low of $148.23 and a one year high of $203.18.

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).

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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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