Vanguard Information Technology ETF Saw $-278.97M Redemptions Due To -1.38% AUM Decrease

May 26, 2018 - By Rodney Autry

Today were reported Vanguard Information Technology ETF (NYSEARCA:VGT)‘s daily net flows. The ETF registered $-278.97M asset outflows for -1.38% decrease, reaching $19957.74M after yestarday’s trading session. The chart of Vanguard Information Technology ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.02% or $0.04 during the last trading session, reaching $182.89. About 317,818 shares traded. Vanguard Information Technology ETF (NYSEARCA:VGT) has risen 25.91% since May 26, 2017 and is uptrending. It has outperformed by 14.36% the S&P500.

The ETF’s YTD performance is 4%, the 1 year is 24.45% and the 3 year is 18.16%.

The ETF’s average P/E ratio is 19.17, the price to book is 4.72, the price to sales is 3.71 and the price to cashflow is 14.33. Vanguard Information Technology ETF is in the ETF category: Technology, is part of the Vanguard fund family and currently has $19.84B net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc for 13.16% of assets, Microsoft Corp for 10.21%, Facebook Inc A for 5.82%, Alphabet Inc C for 4.96%, Alphabet Inc A for 4.72%, Intel Corp for 3.72%, Visa Inc Class A for 3.31%, Cisco Systems Inc for 3.24%, Mastercard Inc A for 2.51%, Oracle Corp for 2.19%. The ETF sector weights are: Basic Materials 0.06%, Consumer Cyclical 1.06%, Financial Services 7.89%, Realestate 0.13%, Consumer Defensive 0.00%, Healthcare 0.00%, Utilities 0.00%, Communication Services 0.11%, Energy 0.00%, Industrials 4.21%, Technology 86.54%. The ETF currently as 0.96% yield.

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