Focus Partners Advisor Solutions LLC Sells 88 Shares of Vanguard Information Technology ETF $VGT

Focus Partners Advisor Solutions LLC lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.7% during the 2nd quarter, Holdings Channel reports. The firm owned 5,206 shares of the exchange traded fund’s stock after selling 88 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,453,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc raised its stake in Vanguard Information Technology ETF by 32.1% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,075 shares of the exchange traded fund’s stock valued at $713,000 after purchasing an additional 261 shares during the period. Carrera Capital Advisors bought a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at approximately $232,000. Moloney Securities Asset Management LLC raised its stake in Vanguard Information Technology ETF by 23.4% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 2,106 shares of the exchange traded fund’s stock valued at $1,397,000 after purchasing an additional 399 shares during the period. LJI Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at approximately $367,000. Finally, Cardinal Point Capital Management ULC increased its stake in Vanguard Information Technology ETF by 18.4% in the 2nd quarter. Cardinal Point Capital Management ULC now owns 6,904 shares of the exchange traded fund’s stock worth $4,579,000 after acquiring an additional 1,073 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $774.14 on Friday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $776.40. The stock’s 50 day simple moving average is $729.21 and its two-hundred day simple moving average is $659.86. The company has a market cap of $114.53 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).