Pathway Financial Advisors LLC lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 85.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,406 shares of the exchange traded fund’s stock after selling 19,706 shares during the quarter. Pathway Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $428,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in VGT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $36,000. Turim 21 Investimentos Ltda. purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $38,000. MCF Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $40,000. TD Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $40,000. Finally, AG Campbell Advisory LLC purchased a new stake in Vanguard Information Technology ETF in the 4th quarter valued at $54,000.
Vanguard Information Technology ETF Stock Down 0.4%
NYSEARCA:VGT traded down $0.46 during trading hours on Wednesday, reaching $129.34. 1,866,615 shares of the company’s stock were exchanged, compared to its average volume of 4,447,535. The firm has a market capitalization of $158.44 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The company has a 50-day moving average of $121.09 and a 200 day moving average of $113.02. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66.
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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.
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