Advisory Alpha LLC Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Advisory Alpha LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,584 shares of the exchange traded fund’s stock after selling 38 shares during the period. Advisory Alpha LLC’s holdings in Vanguard Information Technology ETF were worth $831,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. UBS Group AG boosted its stake in shares of Vanguard Information Technology ETF by 1.8% during the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock valued at $852,988,000 after acquiring an additional 31,323 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $692,917,000. Stifel Financial Corp grew its holdings in shares of Vanguard Information Technology ETF by 4.3% during the fourth quarter. Stifel Financial Corp now owns 362,743 shares of the exchange traded fund’s stock worth $175,581,000 after buying an additional 14,861 shares in the last quarter. Beacon Capital Management Inc. raised its position in shares of Vanguard Information Technology ETF by 189.0% in the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after buying an additional 207,468 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Vanguard Information Technology ETF by 8.5% during the fourth quarter. Cerity Partners LLC now owns 253,661 shares of the exchange traded fund’s stock valued at $122,771,000 after buying an additional 19,816 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT traded up $5.59 during trading hours on Friday, hitting $600.75. 92,028 shares of the company’s stock were exchanged, compared to its average volume of 455,242. The business’s 50 day moving average is $557.23 and its 200-day moving average is $523.25. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $608.54. The firm has a market capitalization of $75.65 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company Profile

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).